#NEARUSDT : Bearish Dominance - Short the Rallies! 📉🔥

Current Price: $2.454 (-1.84%)

Trend: Strong Downtrend (MACD negative, price below key Bollinger levels).

Key Resistance: 2.487 (Middle Bollinger Band) → Prime Short Zone

Trade Strategy

1. Entry (Short):2.480–2.487

- Why? Retest of middle Bollinger Band + MACD rejection + high short interest (61.05%) fuels downside.

2. Targets:*

- TP1: 2.419 (24h low)

- TP2: 2.385 (Lower Bollinger Band)

3. Stop Loss:2.510 (above resistance cluster).

4. Position Size: 2–3% risk per trade.

Why Bearish?

- 📉 MACD Accelerating: -0.001 & widening → bear momentum building.

- 📊 Short Dominance: 61.05% short positions → bearish consensus (institutional pressure).

- 🚨 Volume Confirms: High volume (673K vs 489K MA) + negative OBV (-7.25B) signals aggressive selling.

- 🔻No Bullish Divergence: RSI(6) at 39.72 (room to fall) + Williams %R (-79.65) oversold but no reversal signals.

Surety Rate: 85% (Strong technical confluence + bearish sentiment alignment).

#NEAR #ShortSqueeze #CryptoAlert #Bearish

Disclaimer: Oversold bounce possible at $2.385 – wait for resistance confirmation! ⚠️