Trade Setup: NEAR Long Position (Range Support Test)
Market Context: NEAR is testing the bottom of the range level of support, providing a favorable opportunity for a long trade.
Trade Setup:
Entry: Long spot position at $3.50 - $3.80 support level.
Take Profit:
First target: $4.30
Second target: $5.00 - $5.40
Final target: $6.00 - $6.50
Stop Loss: Just below $3.40
đź“Š This setup aims to leverage the support level for potential upside, with clearly defined profit targets and a tight stop loss to manage risk effectively. #NEAR #CryptoTrading #SupportLevel
Trade Setup:
Entry: Long spot position at $3.50 - $3.80 support level.
Take Profit:
First target: $4.30
Second target: $5.00 - $5.40
Final target: $6.00 - $6.50
Stop Loss: Just below $3.40
đź“Š This setup aims to leverage the support level for potential upside, with clearly defined profit targets and a tight stop loss to manage risk effectively. #NEAR #CryptoTrading #SupportLevel
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