š“ $NEAR Long Liquidation: $27.97K at $2.3391
Heavy longs wiped out ā bears tightening grip.
š Trend: Bearish
Major liquidation hints at panic among bulls.
The price broke below a key zone ā pressure rising.
š Market Sentiment:
⢠Fear increasing
⢠Momentum favors sellers
⢠Bulls hesitant to re-enter
š” Next Move:
Hold or Sell ā downtrend intact
Only consider re-entry if NEAR reclaims $2.45
šÆ Downside Targets:
⢠Target 1: $2.20
⢠Target 2: $2.05
⢠Target 3: $1.88
š Stop Loss (for shorts): $2.48
š¼ Resistance: $2.45
š» Support: $2.22
Summary:
$NEAR just saw a major flush.
Bulls caught off guard as key support failed.
Unless recovery is swift, more downside is likely.
Trade cautiously ā momentum belongs to the bears.
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