NEARUSDT.P - H1 Analysis

#Near $NEAR

NEARUSDT

Perp

1.048

-0.66%

🔻 Scenario 1: Short Pullback (Primary Setup)

Conditions

• Price retraces into 1.555 – 1.566

• Bearish rejection / LTF CHOCH appears

Plan

• Entry: 1.555 – 1.566

• SL: Above 1.575

• TP1: 1.502

• TP2: 1.442

➡️ Best alignment between SMC + structure + funding

1️⃣ Market Structure (SMC)

• Price previously formed a bullish BOS, pushing into the 1.600–1.620 area.

• However, the market failed to hold higher structure.

• A clear bearish BOS occurred after price broke below the 1.550 HL.

• Current price action:

  • Trading right at PDL

  • Lower highs & lower lows → bearish continuation bias

➡️ SMC conclusion:

Market is transitioning from distribution into markdown. No valid bullish CHOCH yet.

2️⃣ Key Price Zones

🔴 Supply / Premium Zones

• 1.600 – 1.620

  Weak High + PDH → major distribution zone

• 1.555 – 1.566

  Minor supply / BOS retest → ideal pullback short zone

🔵 POC / Acceptance Zone

• ~1.520

  • High Volume Node (POC)

  • Price is being “pinned” → acceptance, not accumulation

🟢 Demand / Discount Zones

• 1.499 – 1.517

  PDL + short-term demand

• 1.430 – 1.446

  Strong Low + high-volume demand → deeper downside target

➡️ Volume Profile insight:

Acceptance around POC usually precedes strong expansion once price breaks.

3️⃣ Volume – Open Interest – Funding Rate

📊 Volume

• No sell climax

• Decreasing volume during consolidation → bear flag behavior

• No strong buy absorption detected

📉 Open Interest

• OI is gradually declining

• Indicates:

  • Long positions are being closed

  • NOT aggressive short buildup

💸 Funding Rate

• Funding ≈ –0.007%

• Slightly short-biased but far from extreme

• No short squeeze risk at this level

➡️ Key takeaway:

Downside is not crowded. Market still has room to move lower.

4️⃣ Trade Scenarios

🔻 Scenario 1: Short Pullback (Primary Setup)

Conditions

• Price retraces into 1.555 – 1.566

• Bearish rejection / LTF CHOCH appears

Plan

• Entry: 1.555 – 1.566

• SL: Above 1.575

• TP1: 1.502

• TP2: 1.442

➡️ Best alignment between SMC + structure + funding

🔻 Scenario 2: Breakdown Short

Conditions

• H1 close below 1.500

• Volume expansion, no OI spike

Plan

• Short retest of 1.500

• Targets: 1.446 → 1.430 (Strong low)

🚫 Scenario 3: Counter-trend Long (Not Recommended)

Only valid if ALL below conditions are met:

• Funding < –0.08%

• OI increases aggressively

• LTF bullish CHOCH above 1.50

➡️ Currently none of these are present.

🧠 Summary

• Structure: Bearish (post-distribution)

• Volume Profile: Acceptance at POC

• OI: Longs unwinding, no short crowding

• Funding: Mildly negative → no squeeze risk

• Bias: Short pullbacks > short breakdowns

This is a market where shorting at the right location is safer than catching bottoms.

#trading #TradingSignal #futures

✍️ Written by @CryptoTradeSmart

Crypto Insights | Trading Perspectives

⚠️ DISCLAIMER:

NOT financial advice. Perpetuals trading is high risk - you can lose your entire capital. This is my personal setup for educational purposes only. Always DYOR, use strict risk management, and never risk more than you can afford to lose. You are solely responsible for your decisions.

Trade safe! 🎯