⚡ When price compresses, smart money prepares and $NEAR is coiling inside a hidden institutional battlefield.
Market structure shows a bullish macro trend on the 1D, currently pausing in a 4H corrective pullback after a strong expansion leg. A recent CHoCH from the 2.45–2.55 rejection zone signaled short term weakness, but no major bearish BOS confirms a reversal yet. Liquidity sits below at 2.20 and 2.15, while buy side rests above 2.40 and 2.55, forming a classic inducement range. Elliott Wave suggests NEAR is in a Wave 4 consolidation, preparing for a potential Wave 5 expansion after correction completes. Key confluence from SMC, ICT liquidity sweep logic, and demand zones around 2.15–2.20 supports a bullish continuation bias if price grabs liquidity first and then delivers displacement toward higher targets 🚀.
Take Profit 🎯
* TP1: 2.400 → equilibrium resistance
* TP2: 2.550 → buy-side liquidity
* TP3: 2.750 → HTF supply zone
* TP4: 3.000+ → extended Wave 5 expansion
Trade $NEAR here 👇🏻
