$NEAR is showing a textbook Cup & Handle breakout on the 4H chart.
Price cleared the key $2.60 neckline with strong volume expansion, confirming buyers behind the move. Momentum accelerated toward $2.88, turning the former resistance into the main level to watch.
As long as $2.60 holds on a retest, the breakout structure remains intact. A loss of that level would weaken the setup.
Breakout + volume confirmation = strong momentum.
Price cleared the key $2.60 neckline with strong volume expansion, confirming buyers behind the move. Momentum accelerated toward $2.88, turning the former resistance into the main level to watch.
As long as $2.60 holds on a retest, the breakout structure remains intact. A loss of that level would weaken the setup.
Breakout + volume confirmation = strong momentum.
