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Trade Idea: NEAR SHORT

Opened 2025-10-10 21:46:30 · Valid until 2025-10-11 21:46:30 · Closed 2025-10-10 22:43:01 · Triggered 2025-10-10 22:11:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 2.50 Conf 75% Scalp hours
Entry 2.30000000
Stop 2.40000000
TP 2.10000000 / 2.05000000 / 2.00000000
Live 2.17000000
ROI 5.65% (vs entry)

Thesis and checks

The current market conditions for NEAR Protocol suggest a short opportunity due to significant bearish momentum.

  • 5m Chart: A bearish engulfing candle has formed, indicating strong selling pressure.
  • 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal.

Trade ideas are educational. Manage risk and position size.