๐จ $NEAR Facing Heavy Resistance โ Sellers Still in Control ๐โ ๏ธ
$NEAR once again pushed into the 1.54โ1.56 resistance zone ๐ง but got rejected hard, clearly showing strong selling pressure at the top ๐ป๐ด. The bullish attempt failed to sustain momentum, and price is now rolling over with weak demand on the bounce ๐โa classic sign of short-term exhaustion, not strength ๐ฎโ๐จ.
As long as $NEAR stays below the 1.55 resistance, the overall structure continues to favor the downside โฌ๏ธ. Sellers are firmly in control on the lower timeframes โฑ๏ธ, and price is already drifting back toward prior support levels ๐. Only a clean reclaim and strong hold above resistance would invalidate this bearish setup โ๐.
๐ฏ Scalp Trade Plan
๐ป Short Setup
๐ Entry Zone: 1.52 โ 1.55
๐ฏ TP1: 1.49 ๐ฐ
๐ฏ TP2: 1.46 ๐งฒ
๐ Stop Loss: 1.58 โ
โ๏ธ Leverage: 20x โ 50x โก
๐ผ Margin: 1% โ 3%
๐ง Risk Management Tip: Take partial profits at TP1 and move your stop-loss to entry to protect capital ๐๐ก
