$NEAR ‌ is setting up because liquidity was swept below the range and the market is now transitioning from aggressive selling into stabilization.

Market read
I’m seeing a sharp sell-off that cleared weak hands around the lower range. The fast move into the 1.12 area triggered immediate buying, and price bounced without spending much time at the lows. That tells me sellers are getting exhausted and buyers are starting to step in with intent.
Structure insight
I’m treating this as a rebound setup after liquidity was taken. Price is now holding above the sweep low and slowly building higher lows on the lower timeframe. As long as this structure holds, upside continuation remains valid.
Entry point
I’m looking to enter around 1.17 – 1.19
This zone sits on reclaimed intraday structure and offers a clean risk-to-reward setup.
Target points
TP1: 1.22 – first resistance and safe partial
TP2: 1.26 – previous rejection zone
TP3: 1.32 – liquidity resting near prior highs
Stop loss
I’m invalidating the setup below 1.14
If price goes back under this level, the rebound idea fails.
How it’s possible
I’m expecting this move because downside liquidity has already been cleared, selling momentum is weakening, and buyers defended the low aggressively. If price keeps holding demand, trapped shorts can push price higher toward resistance.
I’m not guessing. I’m trading structure and liquidity.
Let’s go and Trade now $NEAR