NEAR is trading within a long-term corrective structure after the major impulse top (A). Price has respected a strong demand zone around 1.15–0.80, where accumulation is visible and downside momentum is slowing. The broader structure suggests we are near the end of wave (B), provided this demand zone holds.
A confirmed base from this region can trigger a corrective-to-impulsive recovery (C), with upside targets aligned at ~3.80 (resistance), 7.35 (Target-2), 10.79 (Target-3), and extended 16.38–17.30 (Target-4). Until a clean breakout above the marked resistance, the bias remains range-bound with accumulation, while a failure below demand would delay the bullish scenario.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$NEAR Protocol – Monthly Technical Analysis
NEAR is trading within a long-term corrective structure after the major impulse top (A). Price has respected a strong demand zone around 1.15–0.80, where accumulation is visible and downside momentum is slowing. The broader structure suggests we are near the end of wave (B), provided this demand zone holds.
A confirmed base from this region can trigger a corrective-to-impulsive recovery (C), with upside targets aligned at ~3.80 (resistance), 7.35 (Target-2), 10.79 (Target-3), and extended 16.38–17.30 (Target-4).
Until a clean breakout above the marked resistance, the bias remains range-bound with accumulation, while a failure below demand would delay the bullish scenario.