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Richtv_official
Apr 4, 2024 4:02 PM

🚀📈 NEAR Support Breakout Trade Setup 📈🚀 Long

NEAR / TetherUSBinance

Description

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📊 Analysis:

Strong Support: NEAR has rebounded from the support level at $6.43, indicating strength in this area.
Confirmation Needed: Conviction will increase with a clear break above $6.80 and sustained holding above this level.
Laddering Strategy: Plan to enter the trade gradually, starting with minimal leverage and increasing as key resistance levels are surpassed.
📈 Trade Plan:

Entry: Initiate laddered positions once NEAR breaks and holds above $6.80.
Target: Aim for a target of up to $8.80, with potential for further upside.
Risk Management: Start with minimal leverage and increase gradually as NEAR surpasses crucial levels. Set stop-loss orders to manage risk effectively.
💡 Note: Monitor price action closely for confirmation of bullish momentum and adjust strategy accordingly. 📈💰 #NEAR #SupportBreakout 🚀📉





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