NEAR Protocol (NEAR) is currently trading at $1.51, showing a 24-hour decline of 1.81%. The daily range indicates limited volatility, with the price oscillating between $1.50 and $1.55, reflecting a tight trading environment.

Trading volume stands at approximately 95.83 million, which represents 4.94% of its market cap, indicating moderate interest from traders. The short-term moving averages (8 SMA at $1.51 and 13 SMA at $1.51) suggest a slight downward trend, while longer-term averages (21 SMA at $1.52, 55 SMA at $1.53, and 144 SMA at $1.54) show increasing bearish sentiment as they reflect deeper losses.

The Relative Strength Index (RSI) readings show an hourly RSI of 46, suggesting the asset is nearing oversold territory but not yet confirming a reversal. Meanwhile, the 7-day RSI at 50 indicates neutral momentum, while the 14-day and 30-day price changes show significant negative momentum, down 1.59% and 7.34%, respectively.

NEAR's all-time high of $20.44 from January 2022 highlights the substantial distance from its peak value, indicating potential for recovery but also substantial resistance levels to overcome. The overall market sentiment appears cautious, compounded by the recent price trends and technical indicators.

Given the current analysis, NEAR Protocol is rated as a Hold. While the price is stabilizing at current levels and the RSI suggests potential for upward movement, the bearish sentiment in longer-term moving averages and negative price trends over the last month advise caution for immediate buying. Holding NEAR at this time allows for potential price recovery while monitoring market conditions closely.