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K_M_M
Jan 18, 2024 8:32 AM

NEAR / USDT - Bearish Signs Short

NEAR / TetherUSBinance

Description

Show some weak signs:

1: Double top break and test neckline
2: at VWAP break and test

if price continue down and no close above 4.0 level

Target
1. 2.613
2. Daily 200 moving average

Trade closed: target reached

TP 1 reach
Comments
MyCryptoParadise_Nathan
The confirmation of the double top break and testing the neckline, coupled with the observation at VWAP, adds a layer of cautiousness.
reasonableAuth58766
Are you sure that NEAR has just bounced from 2,45 so simply and will return to 3,6?
K_M_M
@reasonableAuth58766, nothing sure in market just planning your trade and trade your plan, 200 ma always act like a magnet especially in first test so it's my target for short then looking for long entry
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