🔥🔥🔥WHALES ARE COLLECTING LIQUIDITY IN $NEAR
Today, $NEAR staged a brutal shakeout—the price dropped to $4,621, clearly dipping into the SAR and knocking longs below EMA 25. But within just a few hours, the coin was bought back up to $4,957! Such a long lower wick at the bottom is a classic sign of liquidity being swept before the level is held.
In effect, the price is once again squeezed near the 0.236 Fib level. On one hand, institutions continue pouring money into Bitwise’s spot ETF (NRR); on the other, MACD is below zero, volumes are declining, and the Bollinger middle band is now acting as resistance.
#Near #crypto #trading #BinanceSquare
Today, $NEAR staged a brutal shakeout—the price dropped to $4,621, clearly dipping into the SAR and knocking longs below EMA 25. But within just a few hours, the coin was bought back up to $4,957! Such a long lower wick at the bottom is a classic sign of liquidity being swept before the level is held.
In effect, the price is once again squeezed near the 0.236 Fib level. On one hand, institutions continue pouring money into Bitwise’s spot ETF (NRR); on the other, MACD is below zero, volumes are declining, and the Bollinger middle band is now acting as resistance.
#Near #crypto #trading #BinanceSquare