$NEAR Liquidation Alert
NEAR recorded $44.13M in liquidations as price slipped to $1.6186, showing sellers currently have a slight advantage. Recent long liquidations indicate that many bullish traders were forced to exit, increasing short-term market pressure. Despite the weakness, NEAR is approaching an important support zone where buyers could return. A strong bounce from support may trap fresh short sellers and create a quick recovery. If support fails, the decline could extend before a new base forms. Rising liquidation activity confirms volatility is expanding, making patience essential for traders waiting for confirmation.
Stats: Liquidation: $44.13M
Current Price: $1.6186
Targets: TG1: $1.66
TG2: $1.72
TG3: $1.80
Support: $1.58 then $1.52
Pro Trader Tip: Never trade against the trend without confirmation. Let support or resistance prove itself before entering, and always use a stop-loss to protect your capital.
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