$NEAR

Trading Plan for $NEAR (NEAR/USDT) 📈

✅ Entry Zone: Buy in the range $2.473 – $2.500, near the current price support and moving average levels (based on 24-hour range and moving averages).

⛔ Stop Loss: Set at $2.446 (below the recent low and potential 50 moving average support).

🎯 Profit Targets:

Target 1: $2.550 📍 (move the stop loss to breakeven)

Target 2: $2.600 🎯

Target 3: $2.650 🚀

📊 Risk/Reward Ratio: ~3:1+ ⚖ (adjust to 2:1 if momentum weakens).

Key Notes:

Bullish Momentum: Price has decreased -0.56% in 24 hours, with a recent bullish candle indicating potential reversal.

Volume: Current volume (27.52 million NEAR, 68.09 thousand USDT) is average; watch for an increase in volume to confirm the breakout.

Expected Relative Strength Index (RSI): Likely neutral (~50-55 based on 24-hour change), no overbought signal yet (chart data is limited).

Support/Resistance: Support at $2.446 (24-hour low), resistance near $2.617 (24-hour high).

🔄 Strategy:

Pull the stop loss above the 9 moving average after Target 1.

Watch for rejection at $2.617 (24-hour high) for potential early exit.

Expand entry/exit due to high volatility in DeFi (as mentioned in the disclaimer for $NEAR).

Trade Wisely! 🚀💰