NEAR just pulled off a +50% rally from the 0.618 Fibonacci retracement at $2.224 — a strong show of force from the bulls. After that explosive move, price is now cooling off in a consolidation phase, preparing for the next leg higher.
🟢 Long Setup — Dip Before Lift?
The next high-probability long zone lies between:
Long entries can be laddered between $3.00 and $2.90 (even $2.80 if volatility kicks in).
This setup aligns with standard continuation behaviour after strong impulses — consolidation, retrace, and resume.
🔴 Short Setup (on Rejection at $4.00)
🎯 Summary
NEAR is consolidating after a strong move — either ready to continue higher or retest deeper into Fib support
Sometimes, less is more. Let price show the next move. Stay ready. 📈
___________________________________
If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
🟢 Long Setup — Dip Before Lift?
The next high-probability long zone lies between:
- $3.026 – $2.94
- Possible but less likely of a deeper dip to $2.78 (0.5 Fib of the recent move)
Long entries can be laddered between $3.00 and $2.90 (even $2.80 if volatility kicks in).
- Stop-Loss: Below the daily 21 EMA ($2.7344) and 21 SMA ($2.6739)
- Target: $4.00
- R:R: ~4:1 — clean and structured
This setup aligns with standard continuation behaviour after strong impulses — consolidation, retrace, and resume.
🔴 Short Setup (on Rejection at $4.00)
- Entry: ~$4.00
- Stop-Loss: Above $4.25
- Target: Yearly open (~$3.65)
- R:R: ~1.5:1 — not ideal, but valid on confirmation
🎯 Summary
NEAR is consolidating after a strong move — either ready to continue higher or retest deeper into Fib support
- Long zone: $3.00–$2.90 (poss. $2.80)
- Short zone: $4.00 (on rejection only)
- Simple structure, clean risk, and nothing forced — exactly how it should be.
Sometimes, less is more. Let price show the next move. Stay ready. 📈
___________________________________
If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Note
🔄 NEAR Long Position Update:Adjusting stop-loss slightly below $2.5 to better protect the setup.
Laddering additional limit orders down to $2.61 (0.666 Fib) to improve average entry.
Structure still intact. Letting the zone do its work. Patience.
Note
NEAR retraced to the 0.618 Fib of the 50% impulse and bounced cleanly from there. Targeting the next key levels now, with the overall goal set at the monthly zone near the psychological $4 mark:Note
NEAR is holding the golden pocket nicely after the little shakeout, trade setup still looks solid:Trade closed manually
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.