The $NEAR That bounce from 2.12 was absolute textbook, and the buyers did not come to play. We are currently sitting comfortably above the breakout zone, and the bulls are completely dominating the order flow right now.
The most promising sign? Every time the price dips even a little bit, it gets swallowed up instantly. If we can lock in a few more solid candle closes above 2.40, this thing has plenty of room to run fast.
Dropping the setup details below for anyone trying to map this out:
Where I'm looking to buy: 2.39 to 2.47
Where the trade is wrong (SL): 2.38
The floors & ceilings to watch: Support at 2.34, next heavy Resistance at 2.44
Where I'm taking money off the table: 2.43. 2.55, and letting a portion ride to 2.67!
Let's see if the bulls can keep up this aggressive pace! 🤝💼