NEAR Protocol is currently trading at $1.07, showing a marginal 24-hour decline of 0.0155%. The daily price range has been relatively tight, with a high of $1.095 and a low of $1.055, indicating low volatility in the short term.

Trading volume stands at approximately 133.56 million, representing 9.69% of its market cap, which suggests a moderate level of trading activity. The short-term moving averages indicate mixed sentiment, with the 8 SMA showing a slight upward trend while the 144 SMA is down 4.04%, reflecting bearish pressure over a longer timeframe.

The 1-hour RSI is at 45, indicating that the asset is neither overbought nor oversold, which aligns with the lack of significant price movement. Over a 7-day period, NEAR has declined by 10.80%, while the 14-day and 30-day changes show more substantial downtrends of 28.40% and 36.46% respectively, highlighting a bearish momentum in the medium term.

With the all-time high recorded at $20.44 in January 2022, NEAR is currently trading at approximately 94.77% below this peak. This drastic decline suggests long-term bearish sentiment, but the current price level may present a potential entry point for accumulation if market conditions improve.

Given the current data, NEAR Protocol is in a consolidation phase with mixed short-term signals and a pronounced bearish trend in longer timeframes. Therefore, the recommendation is to Hold, allowing for more clarity in market direction before making a decisive move.