$NEAR /USDT 1H chart data you've provided, here's a refined short-term trade setup:
NEAR/USDT Trade Setup (1H Timeframe)
Trend & Indicator Summary:
Current Price: $2.279
EMA Levels:
EMA(5): $2.287 (price slightly below short-term trend)
EMA(99): $2.312
EMA(200): $2.321 (long-term resistance zone)
RSI(6): 22.71 → oversold, potential for a bounce
MACD: Slight bearish bias (DIF < DEA)
Bullish Reversal Setup (Oversold Rebound Play):
Entry Zone: $2.25–$2.28
Confirmation: RSI(6) cross back above 30 with bullish engulfing candle
Targets:
TP1: $2.31 (EMA 99 resistance)
TP2: $2.38 (24h high / strong resistance)
Stop Loss: $2.22 (below 24h low)
Breakout Setup (Momentum Continuation):
Entry: Break and close above $2.32 (EMA 200)
Confirmation: Strong bullish candle + volume + RSI(24) above 50
Targets:
TP1: $2.38
TP2: $2.45
Stop Loss: $2.28
Bearish Setup (Breakdown Scenario):
Entry: If price loses $2.22 with high sell volume
Targets:
TP1: $2.16
TP2: $2.08
Stop Loss: $2.26
Would you like this setup visualized on a chart or turned into automated alerts?
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