NEAR is snapping lower after a failed rally, the price now sits just under the 4โhour resistance line, and the short window is ticking.
โโโโโโโโโโโโโโโโโโโโโ
๐ด
$NEAR SHORT ๐
โโโโโโโโโโโโโโโโโโโโโ
๐ Entry Range: $4.7942 โ $4.8038
๐ Stop Loss: $4.9430 (-3.0%)
๐ฏ TP1: $4.7270 (+1.5%)
๐ TP2: $4.5591 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
โโโโโโโโโโโโโโโโโโโโโ
A change of character on the 15โminute chart broke the swing high, and the cumulative volume delta turned negative confirming the move. The fair value gap sits inside a bullish order block, creating a point of interest where the OB and FVG overlap. With the break holding, the next swing low becomes the logical target.
A 3.0% stop is fairly tight, so a modest 3โ4x leverage is appropriate.
Take half profit at the first target, roughly 1.7 times the risk.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$NEAR #NEARUSDT #SenBlumenthalProbesCantorFitzgeraldTetherTies #TradingSignals #Write2Earn