NEAR Protocol (NEAR) is currently trading at $1.51, reflecting a 24-hour decline of 2.05%. The price has fluctuated within a range of $1.50 to $1.56 over the past day, indicating low volatility with a daily range of just 0.06%.

The trading volume stands at approximately 110.28 million, with a volume-to-market cap ratio of 5.67%, suggesting moderate liquidity in the market. Short-term moving averages (8, 13, 21, and 55 SMA) are all indicating a downward trend, with the 144 SMA showing a significant decline of 5.77%, reinforcing a bearish sentiment in the market.

The 1-hour RSI is at 44, which suggests that NEAR is neither overbought nor oversold in the short term. The 7-day RSI is lower at 40, indicating increasing bearish momentum, while a 7-day price change of -13.06% reflects negative sentiment over the past week.

Longer-term price changes also indicate a bearish trend, with the 14-day change at -11.12% and the 30-day change at just 4.05%. This trend is further exacerbated by the stark difference from the all-time high of $20.44, which underscores the significant downward pressure on the asset.

Given the current market conditions, including declining moving averages, low RSI levels, and negative price momentum, NEAR is positioned in a bearish trend. Therefore, the recommendation is to Hold NEAR at this time to reassess for potential bullish signals in the near future, as entering a buy position currently carries higher risk without confirming signs of recovery.