【$NEAR Signal】Long - 1H pullback confirmation, main force clearly defending the market



$NEAR The 1H timeframe has made a healthy pullback after reaching a new high, with the current price oscillating around 1.41, right above the EMA20 support on the 1H chart. The 4H chart shows a strong five consecutive bullish candles, with the price firmly above all moving averages, indicating an obvious upward trend. Open interest remains stable, and the price has not triggered large-scale liquidations after rising, showing that main capital is still in the market. Market depth data indicates buy orders are far thicker than sell orders, with dense support below, making the pullback an opportunity.

🎯Direction: Long

⚡Entry/Order: 1.401 - 1.410

🛑Stop Loss: 1.375

🚀Target 1: 1.450

🚀Target 2: 1.480

🛡️Trade Management:

- Execution Strategy: When the price reaches 1.450, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 1.410. If the price strongly breaks through 1.480, further move the stop loss up to 1.450 to capture larger trend profits.

(Depth Logic: The 4-hour candlestick chart shows continuous volume increase and upward movement, dominated by buy orders, which is a typical feature of a strong breakout. Although the 1-hour RSI is in the high zone, there is no bearish divergence, which is normal in a strong market. The key point is that despite the significant price surge, open interest remains stable, and market depth shows exceptionally thick buy orders. This is not retail chasing high but main force defending key positions and accumulating positions, preparing for the next upward move. The negative funding rate also suppresses bearish sentiment, favoring bulls to push higher. )

View real-time market 👇 $NEAR

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