$NEAR just saw $7.4K short liquidations around $1.36, which usually signals a short squeeze zone where sellers get forced out and price tries to move higher. When shorts are liquidated, the market often looks for the next liquidity above.
Right now the key support sits near $1.30, while resistance is forming around $1.45. If buyers hold the current structure, a push toward the upper range could follow.
Traders watching liquidation zones know that when shorts disappear, momentum can quickly flip bullish for a short period. $NEAR
EP: $1.33 – $1.35
TP: $1.42 – $1.48
SL: $1.27