NEAR Protocol (NEAR) is currently trading at $1.90, reflecting a slight decline of 1.17% over the past 24 hours. The daily price action has been constrained within a range of $1.83 to $1.93, indicating low volatility with a daily range of just 0.1%.

The trading volume stands at approximately 246.48 million, representing 10.14% of the market cap, suggesting moderate interest in the asset. Short-term moving averages are generally positive, with the 8 SMA at $1.89 (+0.50%) and the 13 SMA at $1.88 (+1.26%), while the longer-term 144 SMA at $1.95 shows a decrease of 2.66%, indicating potential resistance ahead.

The 1-hour RSI is at 61, suggesting that NEAR is nearing overbought territory, which could result in a short-term pullback. Conversely, the 7-day RSI is at 41, indicating a bearish trend in the medium term as the price has decreased by approximately 16.93% over the past week.

Over the last two weeks, NEAR has experienced a significant price drop of 26.37%, and a 30-day change of -20.77% confirms the ongoing bearish sentiment. The all-time high remains at $20.44, which underscores the asset's long-term potential but also highlights the current substantial distance from peak valuations.

Given the combination of short-term bullish indicators against a backdrop of longer-term bearish trends and significant historical declines, the outlook appears mixed. The current price level near $1.90 presents a crucial support point, and the ability to maintain above this level will be critical for any potential recovery.

Overall, the analysis suggests a HOLD rating for NEAR Protocol at this time. This is based on the mixed technical indicators and the significant downward price action observed over the past month, indicating that while short-term trading opportunities may exist, a clearer trend reversal is necessary before considering a Buy.