NEAR Protocol (NEAR) is currently trading at $1.18, reflecting a slight decline of 1.19% over the last 24 hours. The daily price range has been relatively tight, oscillating between a low of $1.14 and a high of $1.21, indicating low volatility and potential consolidation in this price range.

The trading volume of NEAR stands at approximately 234.69 million, representing 15.43% of its market cap, which suggests a healthy trading activity relative to its market size. Short-term moving averages are showing mixed signals: the 8 SMA and 13 SMA indicate slight bullish momentum, while the 55 SMA reflects a more significant bearish trend.

The 1-hour RSI at 57 suggests that NEAR is approaching overbought conditions, potentially indicating a short-term reversal. In contrast, the 7-day RSI is at 39, reflecting an oversold condition that may attract buyers for a rebound, particularly after a significant decline of 18.50% over the past week.

Longer-term price changes indicate a persistent downtrend, with 14-day and 30-day price changes of -24.03% and -29.31%, respectively. The substantial gap from the all-time high of $20.44 further underscores the current bearish sentiment and the challenges NEAR faces in regaining upward momentum.

Considering the current price action, technical indicators, and recent performance trends, the recommendation for NEAR Protocol is to Hold. While there are short-term bullish signals, the overall downtrend and the distance from its all-time high suggest caution before making any new purchases.