NEAR Protocol (NEAR) is currently trading at $1.52, reflecting a 24-hour change of -1.80%. The price has shown a daily range of $1.50 to $1.56, indicating a narrow volatility with a slight downward trend.

The trading volume stands at 110,099,816, which represents a volume-to-market cap ratio of 5.64%. This relatively low volume suggests a lack of strong buying interest, contributing to the current price decline over the past 24 hours.

Short-term moving averages indicate a mixed sentiment; the 8-hour and 13-hour SMAs are showing slight gains, while the 21-hour and 55-hour SMAs indicate losses. The 144-hour SMA shows a significant decline of 5.66%, suggesting a bearish trend in the medium term.

Momentum indicators are revealing weakness, with the 1-hour RSI at 34, indicating oversold conditions. The 7-day RSI at 42 further supports this, suggesting that NEAR has been under selling pressure, evidenced by a price drop of approximately 11.76% over the past week.

Fundamentally, NEAR has experienced a notable decline from its all-time high of $20.44, reached in January 2022. Despite the recent 30-day price change showing a slight positive growth of 2.14%, the longer-term outlook remains challenging, as evidenced by the declines over the past 7 and 14 days.

Given the current technical indicators, NEAR is positioned within a bearish trend, and the weak momentum readings further support a cautious approach. Therefore, I recommend a Sell rating for NEAR Protocol at this time, as the market shows signs of continued downward pressure with no immediate reversal signals.