NEAR is breaking down from a crucial market structure, with momentum accelerating to the downside. This move is gaining traction, and the entry window is narrowing by the minute.
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🔴 $NEAR SHORT 📉
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📍 Entry Range: $1.7343 – $1.7377
🛑 Stop Loss: $1.7881 (-3.0%)
🎯 TP1: $1.7100 (+1.5%)
🏆 TP2: $1.6492 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The CHoCH signal just fired, confirming the break of this key level, and volume is piling in to confirm the direction - a clear CVD signal. With an FVG and OB converging at this spot, the POI confluence is screaming for a short, and the market is primed to fill that gap.
A 3.0% stop loss is relatively tight given the volatility, so I'd recommend keeping leverage in check to avoid getting blown out of the trade prematurely.
Considering taking partial profits at TP1 to lock in some gains, as the momentum could start to fade once the initial wave of selling subsides.
Not financial advice — always manage your own risk 🙏
$NEAR #NEARUSDT #BREAKING #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $NEAR SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $1.7343 – $1.7377
🛑 Stop Loss: $1.7881 (-3.0%)
🎯 TP1: $1.7100 (+1.5%)
🏆 TP2: $1.6492 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
The CHoCH signal just fired, confirming the break of this key level, and volume is piling in to confirm the direction - a clear CVD signal. With an FVG and OB converging at this spot, the POI confluence is screaming for a short, and the market is primed to fill that gap.
A 3.0% stop loss is relatively tight given the volatility, so I'd recommend keeping leverage in check to avoid getting blown out of the trade prematurely.
Considering taking partial profits at TP1 to lock in some gains, as the momentum could start to fade once the initial wave of selling subsides.
Not financial advice — always manage your own risk 🙏
$NEAR #NEARUSDT #BREAKING #TradingSignals #Write2Earn