My NEAR Protocol Trade: Riding the Altcoin Momentum 🚀

Just executed a strategic trade on $NEAR that aligns with this week’s market momentum! 📈

Why NEAR?

With the recent surge in Layer 1 projects and NEAR’s key partnerships in the AI space, I spotted a bullish setup on the 4H chart. The price broke above a descending triangle with strong volume, signaling a potential 20% upside.

My Strategy:

- Entry: $2.9

- Targets: $3.50 (initial TP), $4.00 (secondary TP)

-Stop-Loss: $2.40 (below support)

Used RSI divergence and EMA crossover to confirm the entry. Risked only 2% of my portfolio—always prioritizing capital preservation!

Lesson Learned:

Patience paid off! Waiting for the retest after the breakout helped avoid a fakeout. Now monitoring BTC’s movement closely, as a dip could impact altcoins. #AltcoinSeasonLoading #TradeStories #AltcoinTrade #StrategyTrade l