$NEAR ELLIOT WAVE COUNT to hit $120 this cycle, where why:

Elliott Wave Analysis for NEAR's $120 Target:

Wave 1 (Initial Move):

NEAR’s price initially experienced a strong upward movement, starting around its $1-$2 price range in early stages. This was the first impulsive wave (Wave 1),

Wave 2 (Retracement/Correction):

(typically 38.2% to 61.8% of Wave 1's length).

Wave 3 (The Strongest Move):

This is where NEAR could surge past its previous highs. If we apply Fibonacci extensions to this Elliott Wave count, Wave 3 could extend to 1.618 times Wave 1’s length = $60 (1.618 x $20).

Wave 4 (Consolidation and Pullback):

retracing 23.6% to 38.2% of Wave 3’s length.

Wave 5 (Final Surge): 🚀

Wave 5 marks the final parabolic move in an Elliott Wave cycle. Using Fibonacci extensions again, Wave 5 could extend to 100% to 161.8% of Wave 1’s length. Wave 5 could push NEAR’s price to $120 (or even higher)

That’s $120 this cycle 🔁