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Most traders see a breakdown; I see the base for the next impulsive leg up. Looking at the market is mispricing this consolidation phase as weakness.
$NEAR - LONG
Trade Plan:
Entry: 2.158500
SL: 2.083500
TP1: 2.224000
TP2: 2.278500
TP3: 2.355000
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.4200 (room to run). ATR 1h is 0.014200—tight squeeze priming for a breakout. Entry zone: 2.158500. First target 2.224000.
Debate:
Is this the accumulation zone before a parabolic reversal, or is the lack of volume signaling a deeper retest of the lows?
$NEAR