NEAR Protocol is currently trading at $1.71, reflecting a 1.92% decrease over the past 24 hours. The price has remained within a tight range, with a daily high of $1.81 and a low of $1.71, indicating limited volatility and a lack of strong buying or selling pressure.

The trading volume stands at approximately $149.49 million, representing 6.79% of the market cap, which suggests moderate liquidity in the market. The short-term moving averages indicate a bearish sentiment, with the 8 SMA, 13 SMA, and 21 SMA all showing declines between 1.77% and 3.23%, signaling potential downward momentum.

The 1-hour RSI is at an extremely low level of 14, indicating that NEAR is significantly oversold in the short term. Conversely, the 7-day RSI is at 51, suggesting a neutral position, while the 30-day price change of approximately 16.06% demonstrates a more positive trend over the longer term.

In terms of price history, NEAR's all-time high stands at $20.44, achieved in January 2022, highlighting significant room for growth but also a considerable distance from its current price. The recent price changes over 7 days (1.37%) and 14 days (0.29%) indicate some stabilization after a period of volatility, though the overall trend remains downward in the short term.

Considering the current technical indicators and the market sentiment, the NEAR Protocol shows signs of short-term weakness but has potential for recovery given its recent longer-term performance. Therefore, the recommendation is to Hold, as there may be opportunities for upward movement if the broader market conditions improve and NEAR can regain momentum.