NEAR Protocol (NEAR) is currently trading at $1.041, reflecting a 24-hour decline of 3.85%. The daily trading range shows a low of $1.036 and a high of $1.082, indicating limited volatility with a daily range of just 0.046%.

Trading volume stands at approximately 147.18 million NEAR, which represents 10.98% of its market cap, suggesting healthy liquidity. The short-term moving averages are predominantly negative, with the 8, 13, 21, and 55-period SMAs all indicating losses between 0.59% and 1.50%, while the longer 144 SMA shows a positive trend of 3.19%.

The 1-hour RSI is at 40, indicating that NEAR is approaching oversold territory, while the 7-day RSI at 53 suggests a more neutral short-term trend. However, the 14-day price change is significantly negative at -12%, and the 30-day change is down nearly 42%, indicating sustained bearish pressure over longer time frames.

Despite a recent 7-day increase of 3.32%, the overall trend remains downwards since NEAR has not managed to recover from its larger losses over the past month. The all-time high of $20.44, reached in January 2022, highlights the significant distance NEAR has yet to cover to regain bullish momentum.

Given the current technical indicators, particularly the downward trajectory in moving averages and the RSI nearing oversold levels, NEAR presents a cautious outlook. Therefore, the recommendation is to Hold at this stage, as potential buyers may want to wait for clearer signs of reversal or stabilization before entering the market.