🚨 NEAR JUST GOT HIT AGAIN — LEVERAGE UNDER PRESSURE
🔴 #NEAR Long Liquidated: $65.5K
💥 Liquidation Price: $5.011
Another leveraged buyer has been forced out near the $5.01 level, adding fresh evidence that this zone is becoming a major battleground.
📊 Market pulse: NEAR is still trading well above the liquidation level, with CoinGlass showing roughly $2.89B in 24h futures volume, $1.67B open interest, and about $9.73M in NEAR futures liquidations over 24h.
There’s also notable whale positioning: a large holder was reported to be reducing NEAR futures exposure while moving equivalent exposure into spot, with the TWAP process continuing into Sept. 29.
🔎 LEVELS ON MY RADAR
🟢 $5.00–$5.05 — critical demand zone
⚡ $5.25–$5.30 — first recovery checkpoint
🔥 $5.40–$5.50 — momentum reclaim zone
🔴 Clean break below $5.00 — opens room for deeper downside pressure
Trading view: NEAR is sitting at a decision point. If buyers defend $5.00–$5.05 and reclaim nearby resistance, the liquidation flush could become fuel for a rebound. But if $5.00 fails decisively, I’d treat the setup as bearish until a new support forms.
⚠️ Don’t chase the first candle after a liquidation. Wait for the reaction, confirmation, and volume.
#NEAR #NEARProtocol #NEARUSDT #Crypto #CryptoTrading #Liquidation #Altcoins #Futures
🔴 #NEAR Long Liquidated: $65.5K
💥 Liquidation Price: $5.011
Another leveraged buyer has been forced out near the $5.01 level, adding fresh evidence that this zone is becoming a major battleground.
📊 Market pulse: NEAR is still trading well above the liquidation level, with CoinGlass showing roughly $2.89B in 24h futures volume, $1.67B open interest, and about $9.73M in NEAR futures liquidations over 24h.
There’s also notable whale positioning: a large holder was reported to be reducing NEAR futures exposure while moving equivalent exposure into spot, with the TWAP process continuing into Sept. 29.
🔎 LEVELS ON MY RADAR
🟢 $5.00–$5.05 — critical demand zone
⚡ $5.25–$5.30 — first recovery checkpoint
🔥 $5.40–$5.50 — momentum reclaim zone
🔴 Clean break below $5.00 — opens room for deeper downside pressure
Trading view: NEAR is sitting at a decision point. If buyers defend $5.00–$5.05 and reclaim nearby resistance, the liquidation flush could become fuel for a rebound. But if $5.00 fails decisively, I’d treat the setup as bearish until a new support forms.
⚠️ Don’t chase the first candle after a liquidation. Wait for the reaction, confirmation, and volume.
#NEAR #NEARProtocol #NEARUSDT #Crypto #CryptoTrading #Liquidation #Altcoins #Futures