NEAR fell 7% to $3.74 as liquidations surged, yet some are still signaling a buy.
Crypto.news reported that the price decline coincided with a rise in liquidations. Meanwhile, analysts identified a buy signal, while support at $3.60 is under pressure.
· A buy signal reflects an analyst’s view; it doesn’t mean the price has already bottomed.
· $3.60 is the support level cited in the report. Whether it breaks will change the short-term outlook.
Would you look first for liquidations to ease, or watch the $3.60 support level?
Crypto.news reported that the price decline coincided with a rise in liquidations. Meanwhile, analysts identified a buy signal, while support at $3.60 is under pressure.
· A buy signal reflects an analyst’s view; it doesn’t mean the price has already bottomed.
· $3.60 is the support level cited in the report. Whether it breaks will change the short-term outlook.
Would you look first for liquidations to ease, or watch the $3.60 support level?
