๐ Analysis:
Strong Support: NEAR has rebounded from the support level at $6.43, indicating strength in this area.
Confirmation Needed: Conviction will increase with a clear break above $6.80 and sustained holding above this level.
Laddering Strategy: Plan to enter the trade gradually, starting with minimal leverage and increasing as key resistance levels are surpassed.
๐ Trade Plan:
Entry: Initiate laddered positions once NEAR breaks and holds above $6.80.
Target: Aim for a target of up to $8.80, with potential for further upside.
Risk Management: Start with minimal leverage and increase gradually as NEAR surpasses crucial levels. Set stop-loss orders to manage risk effectively.
๐ก Note: Monitor price action closely for confirmation of bullish momentum and adjust strategy accordingly. ๐๐ฐ #NEAR #SupportBreakout ๐๐
Strong Support: NEAR has rebounded from the support level at $6.43, indicating strength in this area.
Confirmation Needed: Conviction will increase with a clear break above $6.80 and sustained holding above this level.
Laddering Strategy: Plan to enter the trade gradually, starting with minimal leverage and increasing as key resistance levels are surpassed.
๐ Trade Plan:
Entry: Initiate laddered positions once NEAR breaks and holds above $6.80.
Target: Aim for a target of up to $8.80, with potential for further upside.
Risk Management: Start with minimal leverage and increase gradually as NEAR surpasses crucial levels. Set stop-loss orders to manage risk effectively.
๐ก Note: Monitor price action closely for confirmation of bullish momentum and adjust strategy accordingly. ๐๐ฐ #NEAR #SupportBreakout ๐๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.