🚨 $NEAR PROTOCOL — BULLISH POSITIONS GET WIPED OUT! BEARS TAKE THE SPOTLIGHT!
A significant liquidation event has shaken NEAR! Around $198K in leveraged long positions have been flushed out at $3.703.
That's a notable hit to bullish traders. The liquidation suggests buyers were caught on the wrong side, potentially giving sellers an opportunity to push for another downside move.
📊 MARKET SNAPSHOT
- Asset: NEAR Protocol
- Liquidation Type: Long
- Liquidated Value: $198K
- Liquidation Price: $3.703
- Key Psychological Level: $3.700
🎯 PRICE LEVELS TO WATCH
- Immediate Resistance: $3.750
- Major Resistance: $3.800
- Bullish Breakout Target: $3.880
- Initial Support: $3.680
- Lower Support: $3.620
⚔️ THE NEXT MOVE — MY MARKET CALL
My short-term bias is BEARISH, unless NEAR quickly recovers above $3.750.
🔴 Downside Scenario: A decisive break below $3.680 could expose $3.620, with sellers potentially targeting lower liquidity zones.
🟢 Recovery Scenario: If buyers reclaim $3.750 and sustain momentum, NEAR could attempt a rebound toward $3.800–$3.880.
💡 PRO TRADER STRATEGY:
Avoid rushing into long positions after this liquidation. Watch how price reacts around $3.680. A confirmed breakdown favors bearish continuation, while a strong recovery could signal that sellers are losing control.
$198K wiped out — now the battle for NEAR's next direction begins!
⚠️ Risk warning: These are illustrative trading scenarios, not verified live technical levels or guaranteed targets. Always confirm with your chart and protect your capital.
#NEAR #CryptoLiquidation #CryptoTrading #WillAnthropicListOnTime #TradFiForBeginners