đ„#NEARUSDT PERP: MELTDOWN MODE - BEARISH CRASH ACCELERATING! đ„
Apocalyptic Signals:
â RSI(6): 17.52 - Oversold but NOT extreme
â Nuclear Williams %R: -93.57 + STOCHRSI 3.88
â 80.8% Accounts LONG - liquidation cascade fuel
â Bollinger Breakdown: Trading BELOW lower band ($2.542)
â Smart Money Exit: OBV shows -5.8M USDC outflow
Collapse Context:
- Price imploded -11.3% to test $2.475 (24H low)
- MACD -0.036 - bear momentum building
- Futures at 0.10% discount - zero bullish conviction
Critical Red Flag:
â ïž NOT OVERSOLD ENOUGH! RSI(6) >15 means MORE DOWNSIDE before bounce
Trade Strategy:
⥠SHORTS: Ride momentum to $2.40 (psychological support)
â LONGS: AVOID (Wait for RSI <12 or daily close >$2.60)
đ Aggressive stop: $2.55 (Lower Bollinger Band)
STATS DON'T LIE: 80% longs = squeeze gasoline.
> đĄ Pro Tip
: Monitor liquidation heatmap - mass long liquidations likely below $2.47!
Caution: Daily close > $2.55 invalidates bear thesis - exit shorts immediately!
Reversal only possible if RSI hits <12 AND long% drops below 70%