【$NEAR Signal】1H Level Accumulation Breakout, Trap Short Rebound
$NEAR The 1H level is currently oscillating narrowly below the key resistance at 1.010. The price has stabilized above the 1H EMA20 (1.0058), forming a short-term support platform. Although the 4H level remains in a downtrend, the latest candlestick closed bullish with buying volume increasing to 0.53, indicating weakening bearish momentum and a short-term opportunity for an upward breakout on the 1H level. The funding rate is -0.0259%, negative, with stable open interest. If the price can break through strongly, it may trigger a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 1.009 - 1.011 (Reason: Accumulation zone near current price, stabilizing above 1H EMA20, aiming for an upward breakout )
🛑Stop Loss: 0.995 (Reason: Break below the previous 4H low and the key integer support zone at 0.99-0.995 )
🚀Target 1: 1.030 (Reason: 4H EMA20 and previous small platform resistance )
🚀Target 2: 1.045 (Reason: 1.618 Fibonacci extension level and higher resistance zone )
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: The 4H trend has not fully reversed, belongs to a left-side game )
- Execution Strategy: After entering, if the price quickly rises to 1.020, move the stop loss to the entry price of 1.009 to break even. After reaching Target 1, reduce position by 50%, and trail the stop loss to Target 2.
Deep Logic: The order book shows exceptionally thick buy depth in the 1.000-1.005 range (over one million contracts accumulated), forming a strong support. The 1H RSI (51.35) is in a neutral to slightly bullish zone, with room to rise. Despite recent price declines, open interest remains stable rather than decreasing, suggesting it’s not purely a bearish collapse but possibly main players accumulating at low levels. The key trigger point is that the price must quickly break through and stabilize in the 1.012-1.014 zone (recent 1H high and order book sell pressure zone), confirming a short-term momentum shift.
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【$NEAR Signal】1H Level Accumulation Breakout, Trap Short Rebound
$NEAR The 1H level is currently oscillating narrowly below the key resistance at 1.010. The price has stabilized above the 1H EMA20 (1.0058), forming a short-term support platform. Although the 4H level remains in a downtrend, the latest candlestick closed bullish with buying volume increasing to 0.53, indicating weakening bearish momentum and a short-term opportunity for an upward breakout on the 1H level. The funding rate is -0.0259%, negative, with stable open interest. If the price can break through strongly, it may trigger a short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 1.009 - 1.011 (Reason: Accumulation zone near current price, stabilizing above 1H EMA20, aiming for an upward breakout )
🛑Stop Loss: 0.995 (Reason: Break below the previous 4H low and the key integer support zone at 0.99-0.995 )
🚀Target 1: 1.030 (Reason: 4H EMA20 and previous small platform resistance )
🚀Target 2: 1.045 (Reason: 1.618 Fibonacci extension level and higher resistance zone )
🛡️Trading Management:
- Position Size Suggestion: Light (Reason: The 4H trend has not fully reversed, belongs to a left-side game )
- Execution Strategy: After entering, if the price quickly rises to 1.020, move the stop loss to the entry price of 1.009 to break even. After reaching Target 1, reduce position by 50%, and trail the stop loss to Target 2.
Deep Logic: The order book shows exceptionally thick buy depth in the 1.000-1.005 range (over one million contracts accumulated), forming a strong support. The 1H RSI (51.35) is in a neutral to slightly bullish zone, with room to rise. Despite recent price declines, open interest remains stable rather than decreasing, suggesting it’s not purely a bearish collapse but possibly main players accumulating at low levels. The key trigger point is that the price must quickly break through and stabilize in the 1.012-1.014 zone (recent 1H high and order book sell pressure zone), confirming a short-term momentum shift.
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