$NEAR /USDT SHORT TRADE SETUP – SELL PRESSURE BUILDING
$NEAR failed to hold above $3.34 resistance and has dropped back to $3.16 after testing intraday lows near $3.09. The repeated rejection at higher levels and increasing red volume bars indicate weakening bullish momentum. If the price breaks below $3.13, further downside toward $3.05 and $2.92 becomes likely, while only a recovery above $3.24 would invalidate the bearish view.
Trade Setup:
Short Entry: $3.16 – $3.18
Take Profit 1 (TP1): $3.05
Take Profit 2 (TP2): $2.92
Stop Loss (SL): $3.25
Market sentiment is tilting bearish, with sellers eyeing lower supports for the next move.