$NEAR Protocol Short Squeeze!

A $110K liquidation of NEAR shorts has occurred at $7.382, hinting at growing bullish dominance as the market forces short sellers out.

Market Highlights

1️⃣ Short Liquidation Spike: This liquidation is a clear sign of upward pressure, likely fueled by aggressive buying interest.

2️⃣ Key Price Level: The $7.38 mark aligns with a pivotal zone. Breaking and holding above this could trigger a stronger rally.

3️⃣ Momentum Watch: Rising open interest and volume suggest this move may be sustained.

Anticipated Scenarios

• Upside Target: If $NEAR builds on this momentum, it could challenge the $7.60–$7.80 resistance range, with $8.00 as a psychological milestone.

• Potential Pullback: In case of rejection at higher levels, support at $7.20 could provide an attractive buy-in opportunity.

Pro Trader Tip

• For Long Positions: Consider entries on pullbacks near support zones. A confirmed breakout above $7.50 could signal further strength.

• For Short Sellers: Wait for a clear rejection or loss of key support before entering; the current trend favors bulls.

$NEAR is showing power—don't miss this action-packed setup!

Stay disciplined and trade with precision.

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