๐ฉ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐ $๐.๐๐ โ ๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐ $๐.๐๐ ๐๐๐๐?
$NEAR has bounced strongly from the $2.00โ$2.05 support zone and is now holding above $2.16, showing signs of a trend reversal. Bullish momentum is building โ but the breakout above $2.24 is key to unlock the next leg up.
๐ Trade Setup
โ Entry Options:
โข Safer Entry: Above $2.17โ$2.18 on a 1H bullish candle with volume
โข Pullback Entry: $2.13โ$2.15 if price dips & prints bullish wick or engulfing candle
๐ Stop Loss: $2.00 (below major support and invalidation zone)
๐ฏ Take-Profit Targets
โข TP1: $2.24 โ Key resistance and previous top
โข TP2: $2.30 โ Psychological + historical supply
โข TP3: $2.35 โ Fib extension + multi-week resistance zone
๐ Why It Matters
โข $NEAR has flipped $2.16 into support
โข Volume is rising on green candles
โข RSI climbing, trend reversal in play
โข Clean support below = strong reward/risk setup
๐ Key Levels to Watch
โข Support Zone: $2.05โ$2.10
โข Breakout Level: $2.24
โข Bull Bias Valid If: Price holds above $2.13โ$2.15 after any pullback
๐ง Pro Tip:
โLet the candle close confirm your entry. Donโt chase early โ wait for a signal on 1H or 4H chart to avoid fakeouts.โ
๐ Invalidation: 1H close below $2.05 or sharp BTC sell-off