Market Shakeup: $NEAR Long Liquidated!
A $104K long position on NEAR Protocol was liquidated at $4.951, signaling a decisive move by bears. Traders are now closely watching for the next breakout or breakdown.
Key Levels to Watch:
Support: $4.90 (critical level for bulls to hold)
Resistance: $5.10 (near-term hurdle for upward momentum)
Suggested Next Move:
Buy Strategy: If $NEAR holds above $4.90 and shows strong buying interest, consider entering a long position with a stop-loss below $4.85.
Sell Strategy: A confirmed break below $4.90 could lead to further downside. Short positions targeting $4.70 may be viable.
Stay vigilant as NEAR's price action tightens. Are you looking to buy the dip or trade the trend?