$NEAR Daily chart is testing a breakout. Can this candle hold? It will decide whether there’s another 8-yen move ahead.
The 3.50 level was tested and pressured in February 2025 up to now, and repeated attempts to break higher have all failed. Today it directly pushed to 3.57, and volume also picked up. The structure is stronger than before. I won’t chase this upper-shadow candle; I’ll wait for a pullback and then enter.
Place another long order on the pullback at 3.2–3.3.
Stop loss: around 3.
Targets: first 4.50; if it breaks through, then 6.00. The long-term target is 8.00. If the daily candle can’t close back above 3.50, then staying below means the breakout isn’t valid—only a proper breakout counts. If it falls back, treat it as a false breakout and stay in cash for the next opportunity!$NEAR
The 3.50 level was tested and pressured in February 2025 up to now, and repeated attempts to break higher have all failed. Today it directly pushed to 3.57, and volume also picked up. The structure is stronger than before. I won’t chase this upper-shadow candle; I’ll wait for a pullback and then enter.
Place another long order on the pullback at 3.2–3.3.
Stop loss: around 3.
Targets: first 4.50; if it breaks through, then 6.00. The long-term target is 8.00. If the daily candle can’t close back above 3.50, then staying below means the breakout isn’t valid—only a proper breakout counts. If it falls back, treat it as a false breakout and stay in cash for the next opportunity!$NEAR
