NEAR Protocol (NEAR) is currently trading at $0.971821, reflecting a 24-hour decline of 4.03%. The price movement has remained relatively stable within a daily range of $0.052242, with the high reaching $1.018 and the low at $0.965758, indicating a bearish trend in the short term.

The volume of 94,539,725 suggests a moderate level of trading activity, with a volume-to-market cap ratio of 7.55%. The hourly moving averages show a consistent downward trajectory, with the 8 SMA at $0.9800 and the 144 SMA at $1.02, all indicating recent price weakness as they trend lower.

The 1-hour RSI is currently at 42, suggesting that NEAR is nearing oversold conditions, while the 7-day RSI at 45 supports this view but still indicates room for further decline. Over the past week, NEAR has decreased by approximately 7.61%, and the 14-day price change is a marginal loss of 3.13%, further indicating a lack of momentum.

In the longer term, the 30-day price change reveals a significant decline of 34.63%, highlighting a substantial downtrend since the recent high points. The all-time high for NEAR stands at $20.44, reached on January 16, 2022, which indicates the potential for recovery but also the severity of the current price drop.

Given the technical indicators, NEAR is currently exhibiting bearish momentum with limited support at the current price level. The combination of declining moving averages, RSI indicators showing oversold but not yet reversing, and a significant drop over the past month suggests a cautious approach.

Rating: Hold. The price is approaching potential support, but the overall trend remains negative, and further confirmation of reversal patterns would be required before considering a buy.