🎯 $NEAR / USDT: Short Bias — Supply Rejection in Play

NEAR is rejecting from a key 15m supply zone. Price is failing to reclaim structure above resistance. Forming LH - LL a classic Bearish Structure formation 🔻

📍 Key Levels

1.278 – 1.272

🚫 Invalidation

Above 1.297

⚙️ Scenario

If price holds below supply and rejects:

• 1.266 → first downside level

• 1.256 → liquidity zone

• 1.244 → structural support

🧠 Market Read

Price is trading below resistance with no confirmed breakout.

Structure favors continuation only if supply holds.

Structure isforming LH - LL which support our idea

📊 Execution

Wait for rejection confirmation at supply.

Entry only after Bearish confirmation candle on lower timeframe.

Follow for clean setups & real market reads

Watching this setup? $NEAR 👇

NEAR
NEARUSDT
1.615
+3.26%

#Near