š NEAR JUST IGNITED ANOTHER SHORT SQUEEZE!
š¢ #NEAR Liquidated Short: $108K at $4.373
š„ $108K in leveraged shorts were forced out at $4.373 ā right in the middle of a powerful NEAR move. Recent technical data shows NEAR in a strong uptrend, but also significantly overbought, meaning the next reaction could be extremely fast.
š LIQUIDITY BATTLE:
The $4.37 area is now a key reaction point. Technical levels put nearby resistance around $4.41ā$4.50, while support sits around $4.25ā$4.38.
šÆ NEXT-MOVE VIEW:
š„ Hold above $4.37ā$4.41 ā another push toward $4.50ā$4.60 becomes possible.
š Clean break above $4.60 ā momentum could accelerate toward the $4.80ā$5.00 zone.
š» Lose $4.25 ā the short squeeze could cool sharply, opening a pullback toward $4.05.
ā” $108K of shorts just disappeared ā but with NEAR already showing overbought conditions, chasing the squeeze carries serious reversal risk.
š The real signal now is follow-through: can NEAR turn $4.40+ into support, or will profit-taking absorb the squeeze?
ā ļø Liquidations are positioning data, not guaranteed direction. Market commentary, not financial advice.
š¢ #NEAR Liquidated Short: $108K at $4.373
š„ $108K in leveraged shorts were forced out at $4.373 ā right in the middle of a powerful NEAR move. Recent technical data shows NEAR in a strong uptrend, but also significantly overbought, meaning the next reaction could be extremely fast.
š LIQUIDITY BATTLE:
The $4.37 area is now a key reaction point. Technical levels put nearby resistance around $4.41ā$4.50, while support sits around $4.25ā$4.38.
šÆ NEXT-MOVE VIEW:
š„ Hold above $4.37ā$4.41 ā another push toward $4.50ā$4.60 becomes possible.
š Clean break above $4.60 ā momentum could accelerate toward the $4.80ā$5.00 zone.
š» Lose $4.25 ā the short squeeze could cool sharply, opening a pullback toward $4.05.
ā” $108K of shorts just disappeared ā but with NEAR already showing overbought conditions, chasing the squeeze carries serious reversal risk.
š The real signal now is follow-through: can NEAR turn $4.40+ into support, or will profit-taking absorb the squeeze?
ā ļø Liquidations are positioning data, not guaranteed direction. Market commentary, not financial advice.