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NEAR long positions are already set—could this pullback be a trap?
$NEAR /USDT - LONG
Trading plan:
Entry: 2.0329 – 2.0429
SL: 1.9901
TP1: 2.0737
TP2: 2.0976
TP3: 2.1334
Why focus on this structure?
- The 1D trend is clearly bullish, 4-hour LONG signal, confidence 95%.
- RSI on the 15-minute chart is only 34.71; a rebound from the oversold area is imminent.
- Current price is 2.0379, only 1.7% away from TP1 (2.0737), with a reward-to-risk ratio over 2:1.
Discussion:
Do you hit TP2 first or is it a fake breakout baiting longs? Did you place your order?