NEARUSDT.P Long Setup from Peak Formation Low

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I'm going long on NEARUSDT.P after spotting a clear change of character (CHoCH) on the 1-hour timeframe, confirming a shift from bearish to bullish structure.

📍 Entry: 2.678
🎯 Target: 3.135
🛡️ Stop-loss: 2.637

This setup formed at a peak formation low, with price tapping into a well-defined bullish orderblock, which acted as a strong demand zone. The CHoCH was the final confirmation for the entry, signaling smart money involvement.

This trade idea is suitable for:
🔹 Beginners – to learn how CHoCH + orderblocks provide high-probability entries
🔹 Intermediate traders – to refine entry/exit precision using market structure
🔹 Pro traders – for smart money confluence and risk-reward optimization

📈 Watching for price to respect the order block and push toward the target. RR is favorable. Manage risk accordingly!

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