🔥 $NEAR Liquidation Alert! 🔥
A short liquidation of $5.37K just occurred at $5.0472, signaling increased buying pressure! The bulls are stepping in—let’s prepare for what could be the next big move!
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What’s Happening with $NEAR?
The short liquidation suggests that sellers are getting squeezed, forcing a price surge. If this momentum continues, $NEAR could rally higher.
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Trading Strategy for $NEAR
Buy Zone (Entry): $4.90 - $5.05
This range could act as a strong support zone. Look for signs of stability or bullish confirmation before entering.
Target Levels:
Target 1: $5.30
Target 2: $5.50
If buyers take control, NEAR could quickly move to these profit levels.
Stop Loss: $4.85
Place your stop loss below the buy zone to protect against potential downside risks.
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What’s Next for $NEAR?
Bullish Scenario: If NEAR holds above $5.05, it could see a sustained rally toward $5.50 or even higher.
Bearish Scenario: If $4.85 is breached, might drop toward $4.70, offering another potential buy opportunity
NEAR Traders:
1. Wait for Confirmation: Watch for increased volume or bullish candlesticks before committing to your trade.
2. Manage Risk: Only risk a small percentage of your portfolio—crypto markets are highly volatile.
3. Stay Updated: Monitor key support and resistance levels as reacts to market conditions.
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$NEAR is in a crucial zone, and the bulls are gaining strength. Be sharp, plan smart, and turn this volatility into an opportunity!
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