đš NEAR SHORTS JUST GOT SQUEEZED!
đą #NEAR Liquidated Short: $195K at $4.382
đ„ $195K of leveraged shorts were wiped out at $4.382 â a sizeable forced exit that shows buyers are aggressively testing the upper side of NEARâs recent range.
đ LIQUIDITY CHECK:
The liquidation hit almost exactly around the $4.38 support/reaction zone, while current technical data places nearby resistance around $4.41â$4.50. NEAR is also showing elevated volatility, so another sharp move can develop quickly.
đŻ NEXT-MOVE VIEW:
My short-term setup is bullish above $4.38, but this zone needs confirmation.
đ Break & hold above $4.41â$4.50 â buyers could attempt a continuation toward $4.60 and potentially higher.
âïž Rejection around $4.41â$4.50 â expect a pullback toward $4.25â$4.19.
đ» Lose $4.19 decisively â the recent squeeze could turn into a deeper retracement.
đ„ $195K in shorts just disappeared. Now watch the follow-through â a clean hold above the liquidation zone would make this squeeze much more interesting.
â ïž Liquidation events can trigger reversals as quickly as breakouts. Market commentary, not financial advice.
đą #NEAR Liquidated Short: $195K at $4.382
đ„ $195K of leveraged shorts were wiped out at $4.382 â a sizeable forced exit that shows buyers are aggressively testing the upper side of NEARâs recent range.
đ LIQUIDITY CHECK:
The liquidation hit almost exactly around the $4.38 support/reaction zone, while current technical data places nearby resistance around $4.41â$4.50. NEAR is also showing elevated volatility, so another sharp move can develop quickly.
đŻ NEXT-MOVE VIEW:
My short-term setup is bullish above $4.38, but this zone needs confirmation.
đ Break & hold above $4.41â$4.50 â buyers could attempt a continuation toward $4.60 and potentially higher.
âïž Rejection around $4.41â$4.50 â expect a pullback toward $4.25â$4.19.
đ» Lose $4.19 decisively â the recent squeeze could turn into a deeper retracement.
đ„ $195K in shorts just disappeared. Now watch the follow-through â a clean hold above the liquidation zone would make this squeeze much more interesting.
â ïž Liquidation events can trigger reversals as quickly as breakouts. Market commentary, not financial advice.