$NEAR Long Liquidated
Amount: $98.5K
Price: $4.840
What Happened
NEAR experienced $98.5K in long liquidations as the price hit $4.840, signaling a struggle for bulls to maintain momentum. Selling pressure is building around this level.
1. Critical Support: If $4.80 breaks, NEAR could slide toward $4.60.
2. Bounce Zone: A recovery above $4.90 might trigger a short-term rally to $5.00.
3. Momentum Indicator: Watch for oversold conditions and volume spikes.
Key Details
Bearish Trend: Liquidations point to weak bull control.
Market Sentiment: Fear is dominating—expect heightened volatility.
Risk Management: Position carefully; more downside is possible if the broader market remains weak.
Stay sharp—volatility is the only certainty!
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