NEAR Protocol (NEAR) is currently trading at $0.986705, reflecting a 24-hour decline of 4.83%. The daily price range shows volatility within $0.057366, with a high of $1.041 and a low of $0.983634, indicating pressure on the asset's value.

Trading volume has reached 134,505,447, which represents 10.59% of the market cap, suggesting active trading but with a lack of upward momentum. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.9952, 13 SMA at $0.9960, and 21 SMA at $1.01, all reflecting negative changes.

The Relative Strength Index (RSI) metrics show a concerning picture for NEAR. The 1-hour RSI at 35 indicates oversold conditions, while the 7-day RSI at 43 also confirms weak momentum, both suggesting potential further declines.

Looking at the price changes over various time frames, NEAR has experienced a 7-day drop of 16.22%, a 14-day drop of 33.32%, and a staggering 30-day drop of 42.60%. These declines highlight a prolonged bearish trend, reflecting deteriorating investor sentiment and lack of buying interest.

Given the significant distance from its all-time high of $20.44, established on January 16, 2022, NEAR's current price suggests a challenging recovery ahead. The combination of declining price momentum, bearish moving averages, and low RSI readings indicate that the asset may continue to face downward pressure in the near term.

Based on the analysis of technical indicators and price trends, I recommend a Sell rating for NEAR Protocol. This recommendation stems from the asset's current bearish trend, weak momentum signals, and significant price decline over the past month, suggesting that further downside risk remains.