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NEARUSDT
Long Entry 2.4090 2026-06-04 10:58 UTC
Target 8.5000 Fail 1.6960
Risk/Reward 1 : 9
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NEARUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on NEAR Protocol (NEAR) using weekly and daily timeframes. The primary trade setup identified is a bullish continuation pattern, targeting a price of 3.038. The current price is around 2.337. The fail bound for this trade is set at 1.586. A secondary bullish target is identified at 8.500, with a fail bound at 1.696. The trader emphasizes waiting for a pullback or confirmation of support before entering a long position, particularly on the daily timeframe. The video also briefly discusses a short-term bearish order block and potential entry points for trades. The analysis highlights the importance of identifying liquidity grabs and retests of supply/demand zones, with a preference for waiting for clearer confirmation signals on lower timeframes to mitigate risk. The current market sentiment for NEAR is described as bullish, with the potential for significant upward movement if key resistance levels are broken.
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