NEAR Bounce

Thesis

Trade NEAR rebounds from the edges of its daily range toward the halfway point.

Strategy

• Entries: Every 5 minutes, buy the bottom quarter or short the top quarter of NEAR's rolling 24-hour high-low range. • Exits: Take profit at the moving range halfway point; after a fill, place a stop 12% below entry for longs or 12% above for shorts. • Sizing: Hold one position using the full USDC allocation at 3× exposure, starting with at least 25 USDC.

Exposure

• Holds: NEAR and USDC — One NEAR long or short position backed by USDC. • Venue: Hyperliquid — Funds sit as HyperCore USDC and trade NEAR perpetuals. • Leverage: 3× exposure — A 25 USDC allocation opens 75 USDC of NEAR exposure. • Costs: Trading fees, funding — NEAR entries and exits pay trading fees, with funding while held. • Data: Circuit — Hourly NEAR highs and lows define the range; current prices drive trades. • On unwind: USDC — Closing the NEAR position leaves USDC on HyperCore.