$NEAR Protocol | Monthly Technical Analysis

⚠️ Get Ready for Wave C?
NEAR Protocol appears to have completed a long corrective A-B structure, with price now attempting to break out from a multi-year demand zone. If the current Elliott Wave count remains valid, the market could be preparing for the start of a powerful Wave C—the impulsive leg that often delivers the strongest upside momentum in a corrective cycle.
A sustained breakout above the immediate resistance around $3.80 would strengthen the bullish case and could open the path toward:
🎯 Supply Zone 1: ~$7.35
🎯 Supply Zone 2: ~$12.30
🎯 Major Supply Zone: $28–30
The long-term demand zone continues to provide structural support, while the recent higher low suggests buyers are gradually regaining control. However, confirmation is essential—price must reclaim and hold above key resistance before the projected Wave C scenario gains higher probability.
Key Levels
Support: $1.15–1.50
Confirmation: Close above $3.80
Bullish Targets: $7.35 → $12.30 → $29.70
"Get ready for Wave C—but let the market confirm before committing."
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.