$NEAR Long Liquidation Alert!
A hefty $72.3K long position just got liquidated at $6.870, signaling a sudden shift in market sentiment.
•√• Market Insight:
A significant drop could indicate that bears are taking control, forcing liquidations as price dips below key support.
Momentum may continue to push downward if selling pressure intensifies.
•√• What’s Next?
Watch for support around the $6.50–$6.60 range.
If that holds, we may see a bounce back toward $7.00.
A breakdown below $6.50 could open the door to a deeper retracement to $6.00.
Stay cautious, as volatility remains high in this market!
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