NEAR Protocol (NEAR) is currently priced at $1.67, reflecting a slight decline of 1.33% over the past 24 hours. The price has experienced a narrow daily range with a high of $1.77 and a low of $1.67, indicating limited volatility in the short term.

Trading volume has reached approximately $177.52 million, equating to 8.26% of the market cap, suggesting healthy market activity despite the recent price dip. The hourly moving averages indicate bearish momentum, with the 8 SMA at $1.72 showing a decline of 2.64%, which aligns with the overall downward trend in the price.

The 1-hour RSI is positioned at 46, suggesting that NEAR is nearing oversold territory, while the 7-day RSI at 47 indicates a similar sentiment. The 7-day price change is down by 2.69%, but the 14-day price change shows a positive trend of 6.46%, highlighting potential for a recovery over a slightly longer timeframe.

Despite the recent decline, the 30-day price change remains positive at 0.68%, indicating that NEAR has shown resilience and stability in the mid-term. However, the significant gap from its all-time high of $20.44, reached on January 16, 2022, reflects the challenges the asset faces in reclaiming its previous market position.

Considering the current data, NEAR Protocol is in a precarious position with bearish momentum in the short term, yet with potential for recovery indicated by the longer-term trends. Therefore, the recommendation is to Hold NEAR, as the current price levels could present a buying opportunity if the asset stabilizes and the RSI shows further signs of improvement.