NEAR / USDT
Main analysis timeframe: 15m – 1h
Trend:
• Current trend: Bearish (Strong decline) (Price: ~$1.84).
• Important price levels: Strong support $1.80 - $1.82 (Yearly Low). Resistance $1.95 - $2.00.
Liquidity Map:
• Upper liquidity: Buy-side at $1.98 (Trailing Stops for Shorts).
• Lower liquidity: Dense sell-side liquidity below $1.80.
• Liquidity hunting potential: Price is consolidating at strong support $1.80. Potential sweep down to $1.78 to shake out before a rebound.
Funding & OI:
• Current funding: Negative (Deeply negative) – Shorts are overzealous.
• OI increase/decrease, signal: OI decrease (Long liquidation completed), preparing for a Short Squeeze.
Technical Indicators:
• RSI: 15m Bullish Divergence at the bottom.
• MACD: Histogram beginning to narrow the decline.
• StochRSI: Oversold, starting to cut up.
• Volume: Decreasing (Supply running out at support).
Trade Setup:
• Entry: $1.80 - $1.83 (Limit Long at Demand Zone).
• Take Profit (TP): $1.95 - $2.05.
• Stop Loss (SL): $1.75.
• Bias: LONG (Reversal Scalp)
Click here to trade:
• Reason: Price touches the important support area of the year ($1.80). Negative funding indicates the crowd is chasing Shorts at the bottom. Setup is counter-trend (Mean Reversion) to capture the technical rebound.
Risk Note:
Catching a falling knife requires tight SL. If it breaks $1.75 decisively, exit.