NEAR/USDT — Bearish Momentum Update
NEAR
1.82
+3.23%
The daily and 4H trends remain firmly bearish, with price trading under all major EMAs. The 1H structure is also weak, and momentum is shifting down right now as the 15m RSI drops below 50 — a clear sign of renewed selling pressure.
This breakdown creates a high-probability short setup around 1.671, aiming for deeper downside targets. Sellers remain fully in control.
Market Breakdown (Short Bias Analysis):
Entry Zone (current region): 1.663901 – 1.678099
TP1: 1.642603
TP2: 1.614206
TP3: 1.585809
SL (Invalidation): 1.699397
Clean bearish continuation setup for momentum watchers.