【$NEAR Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market



$NEAR The 1H timeframe, after experiencing an early session rally, is currently in the stage of healthy pullback confirmation against short-term moving averages. The 4H cycle has stabilized above key moving averages, forming an upward relay structure. Although the price has slightly retreated, open interest remains stable, and buy orders are far thicker than sell orders, indicating that the main capital has not exited but is actively accumulating at critical levels. Negative funding rates provide natural fuel for short squeeze. The current pullback is just a preparation for the next upward wave.

🎯 Direction: Long

⚡ Entry/Order: 1.360 - 1.370

🛑 Stop Loss: 1.335

🚀 Target 1: 1.405

🚀 Target 2: 1.435

🛡️ Trading Management:

- Execution Strategy: When the price reaches 1.405, reduce position by 50% and immediately move the stop loss up to the entry price of 1.360. The remaining position aims for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions to lock in profits.

Depth Logic: The 1-hour chart shows support when the price pulls back to the short-term EMA, with volume gradually contracting, indicating a healthy correction. RSI is near 60, with sufficient momentum and no signs of overheating. Market depth data shows that buy orders between 1.380 and 1.370 are unusually thick, forming a strong support wall, while sell pressure above is relatively sparse. Combined with negative funding rates and stable open interest, this is not a bearish-led decline but a bullish shakeout, accumulating energy for a breakout above the previous high of 1.405.

View real-time market 👇 $NEAR

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