📉 My SHORT TRADE: $NEARUSDT Perpetual 📉 Resulting 50% Profit🤝🤝👇👇
@Mishukm Let's Earn Together 🤝 👇
The market is showing signs of exhaustion after the recent push. With bearish momentum building on the 4H timeframe and price breaking below former support levels, we are looking for a continuation of the downward trend.
📊 Trade Details:
Direction: SHORT 🔴
Leverage: Cross 50x (Use caution & manage risk)
Entry Price: $1.1580 (Current Mark: $1.1458)
🎯 Take Profit (TP) Targets:
TP1: $1.1200 (Secure initial profits)
TP2: $1.0850 (Major support level)
TP3: $1.0100 (Psychological target/Liquidity grab)
🚫 Stop Loss (SL):
SL: $1.2150
(Setting the SL above the recent local high to protect capital in case of a trend reversal.)
💡 Trading Strategy & Tips:
Trailing Stop: Since you are already in significant profit, I recommend moving your Stop Loss to Entry ($1.1580) or slightly into profit ($1.1500) to ensure a risk-free trade.
Risk Management: Do not risk more than 1-2% of your total wallet balance on a single trade, especially with 50x leverage.
Market Context: Bitcoin is currently showing mixed signals near $63k-$65k. If BTC breaks down further, NEAR is likely to hit TP3 rapidly.
#Near #NEARUSDT #BinanceFutures #ShortSignal #TradingSignals