NEAR · 1H · SIDEWAYS

Both targets from my last read got hit — 5.52 and 5.71 — and then price kept pushing to the 6.00 area before rolling over hard. That completed move is done. What followed is a sharp drop from 6.00 to around 4.30, and price has since bounced back to 5.185. The daily trend is still up, but price is mid-range between the 4.59 cluster below and the 5.33 cluster above, and I'm not taking anything from the middle of that range — the R/R from here doesn't work in either direction.

The breakout scenario is the only one worth mapping. A 1H close above 5.33 clears the dense liquidation cluster sitting there and opens the path toward 5.67. Invalidation goes below 5.10 — the last meaningful consolidation support on this bounce. That gives me 0.34 to the upside target versus 0.23 to invalidation: 1.5:1, which clears the minimum. The pullback entry doesn't work from current price because the confirmation level is already behind me, and fading down to 4.92 with a 4.59 stop gives me worse than 1:1 to 5.33. So the honest answer is I'm waiting for the breakout, not chasing a pullback.