๐ NEAR SHORTS JUST TOOK ANOTHER HIT!
๐ข #NEAR Liquidated Short: $110K @ $5.479
โก A fresh $110K short liquidation at $5.479 shows sellers are still getting squeezed as NEAR maintains strong upside momentum. Todayโs market data shows NEAR surged sharply, with heavy short liquidations accompanying the move. ๏ฟฝ ๎
Pluang +1
๐ SIGNAL FLASH
๐ฅ Shorts wiped: $110K
๐ฏ Liquidation price: $5.479
๐ฅ Key psychological zone: $5.50
๐ Momentum: Strong but highly volatile
๐ง MY MARKET READ
The repeated short liquidations are giving bulls the momentum advantage for now. NEAR has already pushed above $5.50 during today's volatile session, so the next test is whether buyers can turn that level into support. ๏ฟฝ
CryptoRank
๐ Above $5.50: continuation toward higher levels becomes more interesting.
โก Hold $5.40โ$5.50: bullish structure remains intact.
โ ๏ธ Lose $5.40: the squeeze could cool and trigger profit-taking.
There is also a major fundamental catalyst in the background: Bitwise's U.S. spot NEAR ETF began trading on NYSE Arca on September 29. ๏ฟฝ
Yahoo Finance +1
๐ฅ WATCH THIS LEVEL: $5.50
My view: ๐ข Bullish momentum while NEAR holds the $5.40โ$5.50 area, but avoid chasing an extended candle. A clean breakout-and-hold above $5.50 would provide stronger confirmation.
โ ๏ธ Market commentary only โ not financial advice. Manage leverage and risk carefully.
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules
๐ข #NEAR Liquidated Short: $110K @ $5.479
โก A fresh $110K short liquidation at $5.479 shows sellers are still getting squeezed as NEAR maintains strong upside momentum. Todayโs market data shows NEAR surged sharply, with heavy short liquidations accompanying the move. ๏ฟฝ ๎
Pluang +1
๐ SIGNAL FLASH
๐ฅ Shorts wiped: $110K
๐ฏ Liquidation price: $5.479
๐ฅ Key psychological zone: $5.50
๐ Momentum: Strong but highly volatile
๐ง MY MARKET READ
The repeated short liquidations are giving bulls the momentum advantage for now. NEAR has already pushed above $5.50 during today's volatile session, so the next test is whether buyers can turn that level into support. ๏ฟฝ
CryptoRank
๐ Above $5.50: continuation toward higher levels becomes more interesting.
โก Hold $5.40โ$5.50: bullish structure remains intact.
โ ๏ธ Lose $5.40: the squeeze could cool and trigger profit-taking.
There is also a major fundamental catalyst in the background: Bitwise's U.S. spot NEAR ETF began trading on NYSE Arca on September 29. ๏ฟฝ
Yahoo Finance +1
๐ฅ WATCH THIS LEVEL: $5.50
My view: ๐ข Bullish momentum while NEAR holds the $5.40โ$5.50 area, but avoid chasing an extended candle. A clean breakout-and-hold above $5.50 would provide stronger confirmation.
โ ๏ธ Market commentary only โ not financial advice. Manage leverage and risk carefully.
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules