$NEAR Protocol Just Took a Hit!
$2.125K Longs Liquidated at $2.920 – The whales are shaking the tree... and only the strong will survive!
The market gave us a clear signal – it's time to pay attention to $NEAR .
Here’s the Complete Breakdown:
Chart Pressure Unfolding...
NEAR just flushed out weak longs with a liquidation spike at $2.92. This sets the stage for a possible bounce or deeper drop – depending on how smart money reacts next.
Buy Zone (Accumulation Area):
$2.55 – $2.72
This is a key support range where previous buyers stepped in.
Volume nodes suggest accumulation interest is high here.
RSI on 4H and Daily is entering oversold – possible reversal incoming.
Targets (Short to Mid-Term):
T1: $2.88 (retest liquidation level)
T2: $3.04 (strong resistance)
T3: $3.28 (trend continuation if momentum sustains)
Stop-Loss:
$2.47
Clean invalidation below this level.
If broken, we might see NEAR heading to $2.25 next.
Pro Tip:
If bulls reclaim $2.92 with volume, it confirms the liquidation trap – expect a sharp move toward $3.28+.