Potential liquidity sweep?

NEAR can go higher from here or bounce back from the last support level but I can see this idea happening as well; grabbing the liquidity (stops, liquidations etc) underneath in order to move up. NEAR has done this before. In case this happens I would wait for the level / range to be regained in order to confirm the liquidity sweep to start creating a long position (the long trigger). Failure to reclaim this level would likely result in more downwards and acceptance in lower ranges (red arrow)