NEAR Short Liquidation Signal
🟢 #NEAR Liquidated Short: $102K at $5.488
NEAR IS PRESSING THE SHORTS AGAIN 🔥
A fresh $102K short liquidation at $5.488 puts the spotlight on the $5.50 region. NEAR has recently traded as high as $5.50–$5.56, while current market data remains around the $5.3–$5.4 area.
Pivot: $5.488
Breakout Watch: $5.50–$5.56
Next Upside Area: $5.70–$5.85
Support: $5.25–$5.35
Next Move: A sustained move above $5.50–$5.56 could keep buyers in control and bring $5.70 into focus. If NEAR loses $5.25, the recent upside structure would need to be reassessed.
Signal View: The liquidation confirms pressure on short positions, but price confirmation is key. Watch the $5.50 area closely for a decisive breakout or rejection.
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