NEAR Swing Long Idea - Altseason 2025📌 Fundamental Sentiment:
The entire crypto market is rallying, alongside other risk assets. This is mainly driven by U.S. policy expectations — Trump is pressuring Powell to resign and aggressively pushing for rate cuts from the Federal Reserve.
📌 Technical Analysis:
NEAR has recently broken and closed above a significant HTF support/resistance level.
Additionally, we’re now trading inside the 0.75 Fibonacci retracement level of the HTF bullish trend — which I define as the maximum discounted zone.
For this setup, I’ll apply my Deep Range Theory (DRT):
If price dips below the 0.75 zone and accumulates there,
Then breaks above 0.75 after a period of consolidation,
→ It signals that price aims for the 0.5 level of the range and will likely run HTF liquidity for either reversal or re-accumulation before continuation.
📌 Gameplan:
✅ Break and close above HTF S/R
⏳ Waiting for break and daily close above 0.75
🔄 Retest to LTF demand (4H–1H)
📈 A bounce on LTF demand will trigger the long setup
📌 Trade Management:
This is a mid-term swing trade, as I’m following the HTF bullish trend.
🎯 Target: $5 — which is approximately a +70% move from current price.
❗Risk Management:
If price makes a daily close back below 0.75 after breaking and closing above, I will exit the trade to preserve capital.
I’ll also monitor macro sentiment closely. If there's a sharp bearish shift, I may consider an early exit before reaching the HTF target.
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🔔 Follow the channel for daily trade ideas & weekly macro recaps.
💬 Drop a comment below if you have any questions or insights!
