NEAR Protocol (NEAR) is currently trading at $1.022, reflecting a significant 6.54% increase over the past 24 hours, indicating a possible upward momentum. The price has fluctuated between a low of $0.957 and a high of $1.028 during this period, with a daily range of 7.06%, suggesting volatility in the short term.

Volume has reached approximately 135.98 million, equating to 10.33% of NEAR's market cap, which indicates active trading and interest from investors. The recent 1-hour RSI is at 76, suggesting that NEAR may be overbought in the short term, while the 7-day RSI at 47 signals potential weakness and a lack of momentum in the medium term.

Analyzing the moving averages reveals a bullish trend in the short term, with the 8 SMA at $0.9968 and the 13 SMA at $0.9907 both showing positive changes. However, longer-term indicators like the 14-day price change of -22.87% and the 30-day price change of -43.59% indicate a bearish trend, reflecting broader market weaknesses.

Given the current technical indicators and the disparity between short-term gains and long-term declines, the market sentiment remains mixed. The recent price action could attract short-term traders, but the longer-term downtrend suggests caution.

In conclusion, the recommendation for NEAR Protocol is to Hold. The short-term upward movement is promising, but the overbought condition and substantial long-term losses warrant a conservative approach, allowing time for the market to stabilize before making any aggressive moves.