The herd is blindly betting against this breakout, and I am getting ready to watch $1.15 billion in volume wipe them out.
Look closely at this $NEAR setup. Everyone thinks the top is already in at 3.805, and the order book proves it with over 61% of traders stubbornly piling into shorts. They are stepping right in front of a massive freight train. The chart is forming a picture-perfect bullish consolidation right above the moving averages, refusing to break down. When this much retail liquidity gets trapped on the wrong side of an aggressive 25% uptrend, the resulting short squeeze is going to be violently fast. I am not fading this momentum; I am positioning to ride the wave that will liquidate the late bears.
Here is exactly how I am playing this impending squeeze:
• Entry Zone: 3.650 – 3.740
• Target 1 (TP1): 3.850
• Target 2 (TP2): 4.150
• Target 3 (TP3): 4.400
• Stop Loss (SL): 3.480
I never enter a volatile setup like this without a strict stop loss. The market is about to make a massive move, so manage your leverage accordingly.
$NEAR
Look closely at this $NEAR setup. Everyone thinks the top is already in at 3.805, and the order book proves it with over 61% of traders stubbornly piling into shorts. They are stepping right in front of a massive freight train. The chart is forming a picture-perfect bullish consolidation right above the moving averages, refusing to break down. When this much retail liquidity gets trapped on the wrong side of an aggressive 25% uptrend, the resulting short squeeze is going to be violently fast. I am not fading this momentum; I am positioning to ride the wave that will liquidate the late bears.
Here is exactly how I am playing this impending squeeze:
• Entry Zone: 3.650 – 3.740
• Target 1 (TP1): 3.850
• Target 2 (TP2): 4.150
• Target 3 (TP3): 4.400
• Stop Loss (SL): 3.480
I never enter a volatile setup like this without a strict stop loss. The market is about to make a massive move, so manage your leverage accordingly.
$NEAR
