NEAR Protocol (NEAR) is currently priced at $1.70, reflecting a 24-hour decline of 3.19%. The daily trading range has been narrow, with a high of $1.76 and a low of $1.67, indicating consolidation and a lack of momentum in the short term.

The trading volume stands at approximately $203 million, translating to a volume-to-market cap ratio of 9.33%, suggesting moderate liquidity. The 1-hour RSI is at 46, signaling a neutral trend, while the 7-day RSI at 45 indicates that NEAR is approaching oversold territory but hasn't yet confirmed a reversal.

From a moving averages perspective, the 8 SMA and 13 SMA are showing slight upward momentum at $1.68 and $1.68 respectively, which could hint at short-term buying interest. However, the 21 SMA at $1.70 and longer-term SMAs (55 SMA at $1.78 and 144 SMA at $1.76) are trending downward, indicating potential resistance levels above the current price.

The recent price changes further paint a bearish picture, with a 7-day price drop of 9.25% and a 30-day decline of 10.20%. This trend, coupled with the proximity of the current price to the lower end of the daily range, suggests ongoing selling pressure and a lack of bullish conviction.

Considering the technical indicators and price action, NEAR is currently in a precarious position. With resistance levels looming above and persistent downward momentum, the recommendation is to Hold NEAR, awaiting clearer signals of a reversal or a breakdown below current support levels.