From TradingView · · 30s
NEARUSDT Bearish Trade Setup
TradingView chart shows bearish trade setup for NEARUSDT on BYBIT.
In brief
TradingView chart shows bearish trade setup for NEARUSDT on BYBIT. Trader plans to sell NEARUSDT at 4.908 with stop loss at 5.105 and take profit at 4.711. Originally reported by TradingView.
Market Structure
Price consolidating within a zone with potential move toward recent higher low.
Trade Plan
Sell stop at 4.908 with stop loss at 5.105 and take profit at 4.711 for 1:1 risk-to-reward.
Confirmation
Wait for bearish price action on 15m timeframe before taking trade.
The bottom line
Trader plans to sell NEARUSDT at 4.908 with stop loss at 5.105 and take profit at 4.711.
