NEAR Protocol (NEAR) is currently priced at $2.19, experiencing a 24-hour decline of 6.30%. The daily range reflects a high of $2.34 and a low of $2.16, indicating a relatively tight trading range of $0.18, which suggests limited volatility in the short term.

The trading volume over the last 24 hours is robust at approximately $411.7 million, accounting for 14.67% of NEAR's market cap. The moving averages indicate a bearish trend, with the 8, 13, 21, and 55 SMA all showing negative changes between 2.62% and 3.19%, while the 144 SMA indicates a more significant decline of 6.87%.

The Relative Strength Index (RSI) on both the hourly (40) and 7-day (46) charts suggests that NEAR is nearing oversold conditions but has not yet entered that territory. The price has decreased by 12.57% over the past week, although it has seen a positive adjustment of 12.27% over the last 14 days, indicating short-term volatility but an overall downtrend.

Given the historical context, NEAR's all-time high of $20.44 remains far out of reach, suggesting significant bearish pressure currently. With the current price situated below key moving averages and the RSI indicating downward momentum, the outlook remains cautious.

Based on the current market data and technical indicators, I assign a Sell rating for NEAR Protocol. The short-term trends and negative price action, alongside bearish moving averages, suggest that further declines may be imminent, and investors should consider reallocating their positions to mitigate potential losses.