$NEAR
đą Long Trade Setup (Buy)đč Entry Point:$2.50â$2.52 USDC
(Current area of consolidation, showing minor recovery after forming a base around $2.40)đč Stop Loss (SL):$2.38 USDC
(Below recent local support and the recent swing low)đč Take Profit (TP):$2.85 USDC
(Retest of the last major resistance zone, aligns with previous high before last drop)đ Risk/Reward RatioRisk = $2.52 - $2.38 = $0.14
Reward = $2.85 - $2.52 = $0.33
R:R = ~1:2.35 â a favorable risk/reward
đ Trade Analysis: $NEAR has bounced off a short-term bottom near $2.35â$2.40.
Price is now ranging between $2.48â$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.
đ» 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).
{future}(NEARUSDT)