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$NEAR
The monthly chart for NEAR Protocol shows a long-term accumulation structure forming after a prolonged correction from the 2021 peak. Price is currently trading near a major demand zone around $1–$2, where buyers have repeatedly defended support. The chart suggests a possible Wave (B) recovery phase, with bullish momentum likely if price sustains above the immediate resistance near $3.80.
Key upside supply zones are marked at approximately $7.35, $12.30, $16.38, and the major macro resistance near $29.70. A breakout above the current consolidation range could trigger a strong continuation toward these levels over the coming market cycle. However, failure to hold the demand zone may invalidate the bullish structure and lead to further downside consolidation.