Technical analysis by NakamotoZzzz about Symbol NEAR: Buy recommendation (15 hour ago)

AI Trade Setup Analysis Timeframe: 2H (Two Hour) Position Type: Long (Buy) Entry Point: 2.7800 Positioned exactly between the stop loss and take profit zones, providing an optimal entry after a corrective pullback in an overall bullish move. Stop Loss (SL): 2.5500 Placed below the recent swing low to protect against a deeper retracement. Risk is approximately -8.27% from entry. Take Profit (TP): 3.3000 Target set at a key resistance level, offering a potential upside of around +18.71% from entry. Risk/Reward Ratio: 2.26 A solid setup with more than double the reward potential compared to the risk. Technical Outlook: NEARUSDT has pulled back after a strong upward impulse and is now hovering near a prior support zone. This area could serve as a springboard for a rebound toward the next resistance at 3.3000 if buying pressure resumes. Bullish Scenario: Sustaining price action above 2.7800 could trigger renewed upward momentum, targeting 3.3000. Bearish Invalidation: A drop below 2.5500 would negate the bullish setup and suggest further downside potential. Summary: This trade setup is designed to capitalize on a potential bullish continuation from pullback support, with a defined stop below structural support and a target at the next major resistance.ENTRY