NEAR Protocol is defending a crucial support level at $1.15, with increased trading volume indicating potential institutional interest. The NEAR Intents cross-chain system has surpassed $10 billion in total volume, processing over 15.7 million swaps across 28 chains. A daily close above the $1.40 resistance could trigger a rally, with technical targets extending to $5.90. The NEAR/USDT pair is currently at the lower boundary of a descending channel on the 3-day timeframe, suggesting a possible turnaround. If NEAR breaks above the channel's upper resistance, projected targets include $2.00, $2.60, $3.40, $4.30, and $5.90. NEAR Protocol's sharding technology supports scalable transactions, enhancing its appeal in the Web3 ecosystem. Despite bullish technical patterns, market sentiment remains mixed due to regulatory uncertainties and competition. Analysts predict varied outcomes, with some expecting a surge and others forecasting conservative price levels. Investors should watch for a breakthrough at $1.85 to confirm bullish momentum.