๐จ NEAR JUST GOT SHAKEN OUT AGAIN!
๐ด #NEAR Liquidated Long: $64.5K at $4.376
๐ฅ $64.5K in leveraged longs were wiped out at $4.376, adding fresh pressure around a price zone where NEAR is already showing signs of exhaustion.
๐ IMPORTANT DETAIL:
NEAR has been trading in a powerful rally, but recent technical data shows high volatility and overbought conditions. The $4.38 area is currently a key support zone, while $4.41โ$4.50 sits immediately above as resistance.
๐ฏ NEXT-MOVE VIEW:
๐ข Defend $4.38 โ buyers could reclaim $4.41โ$4.50 and attempt another push higher.
๐ Break & hold above $4.50 โ the next major zone to watch is around $4.60โ$4.78.
๐ป Lose $4.25 โ the recent leverage flush could deepen toward $4.05โ$3.82.
โก $64.5K just got erased from the long side. With NEAR recently reaching heavily overbought territory, the next reaction around $4.38 could be crucial โ either a leverage reset or the beginning of a sharper cooldown.
โ ๏ธ Liquidation data can amplify volatility but does not guarantee direction. Market commentary, not financial advice.
๐ด #NEAR Liquidated Long: $64.5K at $4.376
๐ฅ $64.5K in leveraged longs were wiped out at $4.376, adding fresh pressure around a price zone where NEAR is already showing signs of exhaustion.
๐ IMPORTANT DETAIL:
NEAR has been trading in a powerful rally, but recent technical data shows high volatility and overbought conditions. The $4.38 area is currently a key support zone, while $4.41โ$4.50 sits immediately above as resistance.
๐ฏ NEXT-MOVE VIEW:
๐ข Defend $4.38 โ buyers could reclaim $4.41โ$4.50 and attempt another push higher.
๐ Break & hold above $4.50 โ the next major zone to watch is around $4.60โ$4.78.
๐ป Lose $4.25 โ the recent leverage flush could deepen toward $4.05โ$3.82.
โก $64.5K just got erased from the long side. With NEAR recently reaching heavily overbought territory, the next reaction around $4.38 could be crucial โ either a leverage reset or the beginning of a sharper cooldown.
โ ๏ธ Liquidation data can amplify volatility but does not guarantee direction. Market commentary, not financial advice.