NEAR · 1H · UPTREND

Price has been on an extended run — my previous read hit both targets, with the high since reaching 5.578 before pulling back to the current 5.097 level. The daily structure is clean uptrend, higher highs and higher lows confirmed, and on this 1H chart price has now pulled back from the 5.578 swing high, finding footing right around the EMA 9/20/50 cluster, all coiled between roughly 4.966 and 5.022. That's the kind of MA compression after a pullback that I want to see before re-entering long — the daily trend is up, the short-term MAs are flat-to-turning-up, and price is holding above the 5.000 round number. The 4.75 dense liquidation cluster below acted as the pullback floor and held — price never closed through it with conviction. I'm not chasing this candle — it's already up 6.83% on this bar and printing extended — but the structure for a long entry on a pullback to the MA cluster is there. I'm waiting for that flush and reclaim rather than buying the spike.