$NEAR saw a significant short liquidation of $5.28K at $1.643. This level is crucial as it marks a zone where bears were forced to cover, creating potential bullish pressure. Support sits around $1.60, a level buyers are likely defending, while resistance is facing the $2.00 mark. If NEAR manages to reclaim $2.00 with strong volume, the next target could easily push towards $2.10–$2.30. Traders should watch the $1.64–$2.00 range closely, as a sustained move above $2.00 could trigger further short squeezes and momentum-driven buying.

NEAR

1.533

-3.94%