- NEAR Protocol trades at its crucial $1.80 support level, where a decisive move could determine whether the market stabilizes or continues downward.
- Analysts observe repeated reactions at $1.80, creating heightened attention as market structure approaches a defining point after recent declines from upper ranges.
- A breakdown under $1.80 may open a swift path toward the $1 region, where NEAR previously formed a stable multi-month accumulation zone.
NEAR Protocol is testing a major support zone after a sharp decline from recent local highs. Market participants are closely monitoring the $1.80 area, which now represents the main barrier preventing a deeper continuation toward lower valuation levels.
$1.80 Support Level Becomes the Key Market Divider
NEAR Protocol is positioned directly on the $1.80 level, a zone that has repeatedly stopped downward pressure in previous market cycles. According to analyst Ali (@ali_charts), this support remains the clearest line separating stabilization from a strong continuation of the current downtrend. The asset returned to this zone after retreating from the $2.40–$2.60 area, where sellers built clear control.
Price activity around this region shows how traders have reacted in similar conditions throughout the year. Each time NEAR reached this zone, buyers attempted to absorb selling pressure and slow further declines. This historical behavior is why the current retest has drawn heightened attention across the market. A sustained reaction at this price could allow temporary consolidation after a volatile correction.
However, if the level fails, the structure would move from controlled pullback to full trend continuation. Analysts observe that a break below $1.80 would remove the higher-low pattern that has guided the asset for months. This shift could accelerate trading toward lower levels, creating the next major test near the $1.00–$1.05 region.
Market participants are, therefore, trying to assess if demand will again support this key price area. Either upward or downward movement away from $1.80 would give traders a better sense of the short-term direction.
Break Below $1.80 Opens Path Toward the $1 Region
Ali’s tweet outlines a clear scenario in the event NEAR loses the support. The projection suggests that the market could enter a fast downward phase, beginning with a flush below the support zone. Such a move would likely be followed by brief recovery attempts that fail to reclaim lost levels, creating a continued staircase pattern lower.
This pattern reflects thin liquidity zones beneath $1.80. Traders often monitor these areas closely because price tends to move more quickly when historical support levels are removed. These movements lead to a vacuum effect, drawing the asset toward the next substantial demand block without extended pauses.
The next major region sits between $1.00 and $1.05. NEAR formed a multi-month base in this zone earlier in the year, establishing it as a stable foundation during previous periods of market stress. Many market participants still view this zone as the most reliable area capable of absorbing heavier sell-side volume.
With NEAR positioned at a decisive level, traders will continue observing whether market structure can remain intact or shift toward a deeper retracement phase. The reaction at $1.80 remains central to current market expectations.
