$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.
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