【$NEAR Signal】Pullback to Long: 1H level oversold rebound, obvious signs of main force supporting the market

$NEAR The 1H level is oscillating around a critical support area, RSI has entered the oversold zone, indicating a technical rebound is needed. Although the 4H level is in a short-term downtrend channel, open interest remains stable, and the price decline has not triggered a large-scale long liquidation, suggesting that the main force may be supporting the market. Market depth data shows buy orders are far thicker than sell orders, with dense support below.

🎯Direction: Long

⚡Entry/Order: 1.184 - 1.196

🛑Stop Loss: 1.175

🚀Target 1: 1.225

🚀Target 2: 1.245

🛡️Trading Management:

- Execution Strategy: After the price reaches Target 1, reduce positions by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price retraces to the entry area and breaks below the moving stop loss, exit all positions.

(Depth Logic: The 1-hour RSI approaches 39, indicating severe short-term oversold conditions, and rebound momentum is building. Although the 4-hour price has fallen, open interest remains stable, combined with a depth imbalance of up to 16.86%, indicating large funds are accumulating below the market, not purely distributing. Negative funding rates reduce the cost of holding long positions. It is recommended to lay long orders in the optimized support zone to play a technical rebound.

)

Check real-time market 👇 $NEAR

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