NEAR Protocol (NEAR) is currently priced at $1.095, reflecting a significant 7.565% increase over the last 24 hours, with a daily trading range between $1.006 and $1.098. The recent uptick in price is supported by a trading volume of 157,184,868, indicating a robust market interest, as evidenced by a volume-to-market cap ratio of 11.18%.

Technical indicators reveal a strong bullish momentum, particularly with the 1-hour RSI at 84, indicating that NEAR is overbought in the short term. In contrast, the 7-day RSI at 51 suggests a neutral position, providing room for potential upward movement without immediate overextension, while the 30-day price change of -29.56% indicates a longer-term downtrend that could be stabilizing.

Moving averages support the recent upward trend, with the 8-day SMA at $1.06 showing a gain of 3.68%, and the 55-day SMA at $1.02 reflecting a stronger increase of 7.38%. These indicators suggest that NEAR may be establishing a bullish reversal, although it remains essential to monitor the broader market conditions.

Given the current price dynamics and technical indicators, NEAR Protocol shows potential for further growth in the short term, particularly if it can maintain momentum above the key support levels. However, the long-term trend remains concerning due to the significant price decline over the past 30 days, which could deter some investors.

Based on the analysis, the recommendation is to Hold NEAR at this time. The strong short-term momentum is promising, but the long-term downtrend requires caution; holding allows for potential gains without exposing to increased volatility risks.