$NEAR Coin Update: Massive Long Liquidation!
Key Detail:
Long positions worth $67.3K were liquidated at $4.967.
What’s Happening:
A huge liquidation of long positions is causing a sharp drop in price.
This could lead to significant price action in both directions.
Next Move:
Watch closely for $4.90. If it holds above this, it could recover.
Key Support: Around $4.50 – If it drops here, it might find strong support.$NEAR
Key Resistance: Around $5.20 – If it breaks this level, we could see a rally.
Buy or Sell?
Sell: If the price stays below $4.90, consider selling to avoid further drops.
Buy: Buy only if the price breaks above $5.20, showing strength for a move higher.
Stay alert! Liquidations bring volatility, so be prepared for quick shifts in price.