- NEAR Protocol remains in between $1.835, and it still has not exhibited any significant volatility because traders are waiting to see a strong breakout on the weekly chart.
- The support with a range of 1.8-2.0 is a major area and it is again and again drawing buyers and initiating technical turns to the higher range of 2.8-3.0.
- A long-term close above $3.5 would change the mood to the positive, indicating a new surge of strength and the possibility of a trend turnaround.
NEAR Protocol ($NEAR) remains in a prolonged consolidation phase on the weekly timeframe, trading within a defined range between major support and resistance levels. The asset is currently positioned near the lower boundary of this structure around the $2.20 mark.
Price Stays Confined Within a Key Horizontal Channel
According to a post by CryptoPulse, NEAR is consolidating between support around $1.8–$2.0 and resistance between $3.3–$3.5. The ongoing price behavior shows limited directional momentum, with neither bulls nor bears taking full control.
The $1.8–$2.0 area remains a crucial support region, repeatedly acting as a demand zone where buyers have previously stepped in. Historical data suggests that each retest of this zone has produced notable rebounds toward the mid-range levels near $2.8. Should this level hold firm again, NEAR may see a technical rebound in the short term.
Conversely, the $3.3–$3.5 area has continued to be the major resistance barrier, having capped bullish advances time and time again since early 2025. Until price has a weekly close above this level, the larger trend should continue to be neutral, and keep NEAR priced in its range.
Market Structure Points Toward Accumulation Phase
The current weekly structure of NEAR reflects a steady accumulation environment, where market participants appear to be building positions within a stable zone. The momentum indicators are indicating a neutral situation, although slightly bullish, as the prices are still printing higher lows above key support.
If buyers can continue control over $2.0, NEAR may very well push to the $2.8-3.0 area in the coming weeks. However, if buyers are unable to defend that area, this token will compress below $1.8 and continue the range into a deeper correction.
The breakout watch is on traders. A definitive break above $3.5 should put it back into a trend reversal and broad bullish sentiment. Even a breakdown below $1.8 would not be encouraging and would see more weakness to continue.
For now, NEAR Protocol continues to trade in a very tight range with a patient but steady market waiting to confirm direction before the next major move.
For now, NEAR Protocol remains range-bound, reflecting a cautious but steady market awaiting clear directional confirmation before the next major move.
