#比特币对比代币化黄金 ⚡ You need to keep a close eye on this NEAR shorting opportunity



Recently, I've noticed on the 4-hour chart that NEAR has formed a clear bearish structure, continuously making lower lows and lower highs on the way down. The price has now met resistance and pulled back around 1.718. This level used to be a support zone and has now turned into resistance—this kind of support-resistance flip often signals that the downtrend isn't over yet.

**My trading plan:**
Short position, planning to enter at 1.718
Stop loss set above 1.782
First target at 1.621, or 1.525 for a more aggressive approach

From a technical perspective, the price has just been rejected from the resistance level, so it's likely to continue testing deeper demand zones. However, keep in mind that if it breaks above 1.782 someday, this bearish setup will be invalid, and you'll need to adjust your strategy promptly.

Also, keep an eye on the correlation between $NEAR $YALA $BANK and these other assets—sometimes similar assets move together. At this level, the risk-reward ratio is still pretty clear, making it suitable for conservative traders to follow. Of course, trading carries risks, so proper position sizing is key.
BTC3.72%
YALA6.63%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
MemeCuratorvip
· 4h ago
Short-term moves are hard to grasp, right?
View OriginalReply0
potentially_notablevip
· 12-08 01:22
Support zone reversal bear trap
View OriginalReply0
TokenomicsTherapistvip
· 12-07 13:23
Steadily follow short positions
View OriginalReply0
alpha_leakervip
· 12-07 05:04
You can go short for a round.
View OriginalReply0
NeonCollectorvip
· 12-06 17:58
Waiting for the bears to break down
View OriginalReply0
GateUser-26d7f434vip
· 12-06 17:53
Awesome, short-selling bro.
View OriginalReply0
WagmiOrRektvip
· 12-06 17:50
Reliable and in-depth analysis
View OriginalReply0
ParanoiaKingvip
· 12-06 17:36
This wave is turning around and dumping again.
View OriginalReply0
CountdownToBrokevip
· 12-06 17:35
The exit point was very precise.
View OriginalReply0
LootboxPhobiavip
· 12-06 17:34
Wait, it's the fate of liquidation.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)