The NEAR 4h chart is showing a 4-for-4 long confluence.
Price is holding above the EMA20/50, Supertrend is up, MACD histogram is positive, and RSI sits at 62. This is a pure indicator read, not a desk call. The textbook setup points to a 2.24 target.
The entire read is invalidated below 1.87.
The indicators are aligned, but is the volume there to back the move?
$NEAR #TechnicalAnalysis #NEAR
Price is holding above the EMA20/50, Supertrend is up, MACD histogram is positive, and RSI sits at 62. This is a pure indicator read, not a desk call. The textbook setup points to a 2.24 target.
The entire read is invalidated below 1.87.
The indicators are aligned, but is the volume there to back the move?
$NEAR #TechnicalAnalysis #NEAR