NEAR Protocol (NEAR) is currently trading at $0.9714, reflecting a 3.98% decline over the last 24 hours. The price has experienced a narrow daily range, with a high of $1.026 and a low of $0.9715, indicating low volatility and a lack of significant buyer interest at current levels.

Trading volume stands at approximately 110.2 million, contributing to a market cap volume ratio of 8.80%. This relatively low volume suggests diminished trader engagement, which can further exacerbate price movement as market depth is reduced.

The moving averages indicate a bearish trend, with the 8 SMA at $0.9977, down 2.64%, and the 55 SMA at $1.02, down 5.12%. The consistent decline across all key moving averages signals a potential continuation of the downward momentum unless a reversal occurs soon.

Both the 1-hour and 7-day RSI are at 45, suggesting that NEAR is currently neither overbought nor oversold. However, the lack of upward momentum, combined with the 7-day price change of -7.29% and a 30-day decline of -35.23%, indicates a longer-term bearish sentiment.

NEAR's all-time high remains significantly distant at $20.44, which underscores the current price's vulnerability and the challenges it faces in regaining previous highs. The significant downward price changes over varying time frames suggest a lack of market confidence in NEAR's recovery in the near term.

Given the current technical indicators, low volume, and persistent bearish sentiment, a Sell rating is warranted. The lack of bullish signals and the negative trend across multiple time frames indicate that further downside risk exists for NEAR Protocol in the short to medium term.