NEAR Protocol is currently priced at $1.75, experiencing a 24-hour decline of 4.75%. The daily price range has been tight, with a high of $1.83 and a low of $1.73, indicating a lack of volatility in the short term.

Trading volume stands at approximately 231.48 million, which represents 10.29% of the market cap, suggesting decent liquidity but also highlighting that the asset is currently under pressure. The hourly moving averages reveal a bearish trend, with the 8 SMA at $1.77 and declining, indicating immediate resistance ahead.

The 1-hour RSI is at 32, indicating potential oversold conditions, while the 7-day RSI sits at 51, suggesting a neutral momentum in the medium term. Price changes over the past 7 days (3.02%), 14 days (10.57%), and 30 days (12.83%) show that NEAR has been recovering from a longer-term downtrend, although recent activity suggests a potential reversal.

With the all-time high of $20.44 from January 2022, NEAR is significantly undervalued, but the current technical indicators suggest caution. Given the current price action, bearish momentum, and low RSI, we recommend a Hold rating, as potential buyers should wait for clearer signs of upward momentum before committing capital.