Is this 4-hour divergence on NEAR a pullback or a prelude to takeoff?
$NEAR /USDT - LONG
Trading Plan:
Entry: 1.870 – 1.884
SL: 1.813
TP1: 1.925
TP2: 1.957
TP3: 2.005
Why pay attention to this structure?
- The 4h trend is bullish, and the 1D is also bullish, with the directions aligned.
- The current price of 1.877 is right at the upper edge of the 1h support zone. If the pullback holds above 1.870, it is an entry point.
- RSI 15m is 69.38. The short-term trend is overheated but not at an extreme, leaving room for another push higher.
- The targets are clear: TP1 1.925, TP2 1.957, and TP