$NEAR

๐ŸŸข Long Trade Setup (Buy)๐Ÿ”น Entry Point:$2.50โ€“$2.52 USDC
(Current area of consolidation, showing minor recovery after forming a base around $2.40)๐Ÿ”น Stop Loss (SL):$2.38 USDC
(Below recent local support and the recent swing low)๐Ÿ”น Take Profit (TP):$2.85 USDC
(Retest of the last major resistance zone, aligns with previous high before last drop)๐Ÿ“Š Risk/Reward RatioRisk = $2.52 - $2.38 = $0.14

Reward = $2.85 - $2.52 = $0.33

R:R = ~1:2.35 โ†’ a favorable risk/reward

๐Ÿ” Trade Analysis: $NEAR has bounced off a short-term bottom near $2.35โ€“$2.40.

Price is now ranging between $2.48โ€“$2.52, which may act as a demand zone.

A bullish push above $2.60 could confirm further upside momentum.

You might consider scaling in near $2.50 and adding more on confirmation above $2.60.

๐Ÿ”ป Optional Short Setup (if price rejects)If $NEAR fails to hold $2.50 and breaks down: Short Entry: ~$2.48

TP: $2.35

SL: $2.58

Use only with confirmation of breakdown (e.g., large red candle with volume).