$NEAR / USDT Swing Trade Setup
Current Price Range: ~$2.80–$2.66
Buy Zone: $2.80–$2.66 (historical support + psychological level)
Stop-Loss: Below $2.20 (clear invalidation if broken—lower low confirmed)
Target: $9.00 (major resistance zone from 2022, realistic mid-cycle target)
Risk-to-Reward: ~10:1 — strong asymmetric upside
---
Why It’s Valid
Confluence Factors:
Long-term support zone around $2.60–$2.80 has previously acted as a strong bounce region.
BTC hovering above key $102K support keeps market-wide bullish bias intact.
NEAR is a strong narrative/project with previous high beta in alt rallies.
Structure: Potential for higher low forming here if $2.66 holds
Volume: Watch for a pickup as price stabilizes near bottom of range
---
Trade Plan Summary
Metric Value
Buy Zone $2.80–$2.66
Stop-Loss < $2.20
Target $9.00
R:R Ratio ~10:1
Bias Bullish (as long as BTC holds)
---
Entry Tips
DCA-friendly: Add gradually between $2.80–$2.66
Confirmation Entry: Wait for bullish engulfing, RSI reversal, or MACD cross on the 4H/D chart
Risk Control: Don't overleverage—even great R:R setups need discipline