NEAR Protocol (NEAR) is currently priced at $1.15, reflecting a 5.94% increase over the past 24 hours. The trading range for the last day has been between a low of $1.072 and a high of $1.25, indicating volatility but also potential trading opportunities.

The volume of 332,542,089 represents a significant engagement, with a volume-to-market cap ratio of 22.46%. This suggests active trading, which is conducive to price movements, especially given the recent upward trend in price alongside a strong 14.31% increase over the past week.

Technical indicators reveal a mixed sentiment; while the 8 SMA shows a positive trend of +1.22% and the 13 SMA reflects a slight increase of +0.25%, the 21 SMA indicates a bearish move of -0.75%. Additionally, the 1-hour RSI stands at 31, suggesting potential oversold conditions, whereas the 7-day RSI at 55 indicates neutral momentum.

Over the last 30 days, NEAR has seen a decline of approximately 21.13%, highlighting a longer-term bearish trend despite recent short-term gains. The all-time high of $20.44 reached in January 2022 remains a distant target, emphasizing the need for continued positive performance to regain investor confidence.

Considering the current price action, trading volume, and technical indicators, NEAR Protocol shows signs of a potential reversal from recent lows. Therefore, the recommendation is to Buy, as the positive short-term momentum combined with high trading activity could lead to further gains if market conditions remain favorable.