$NEAR Liquidation Alert: $64K Short Liquidated at $6.05!
$NEAR Protocol has seen significant action as a $64K short position was liquidated at $6.05, fueling momentum for bulls.
This liquidation suggests a surge in buying pressure, breaking critical resistance levels.
Key Levels to Watch
Resistance: $6.50 – A breakout here could push NEAR toward $7.
Support: $6.00 – Bulls must defend this level to maintain upward momentum.
What’s Next?
If the bulls capitalize on the liquidation rally, we could see $NEAR testing $6.50 or higher.
However, failure to sustain above $6.05 may lead to retests of lower support at $5.80.
Traders should watch for volume spikes and momentum shifts—this could signal the next big move!
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