NEAR Protocol (NEAR) is currently trading at $1.68, reflecting a slight 0.99731% increase over the past 24 hours. The price has shown a daily range of $1.59 to $1.68, indicating limited volatility with a daily range of just 0.09%.

The trading volume stands at approximately 202.98 million NEAR, representing 9.41% of its market cap, suggesting a moderate level of market activity. The hourly moving averages reveal a bullish short-term trend with the 8 SMA at $1.64 and a 2.45% increase, while longer-term averages, such as the 144 SMA at $1.84, show a decline of 8.63%.

The 1-hour RSI is currently at 77, indicating that NEAR is in overbought territory in the short term. Conversely, the 7-day RSI is at 43, reflecting bearish momentum and potential for further downside, as the price has decreased by over 9% in the last week alone.

Over the past 14 days, NEAR has experienced a significant decline of approximately 25%, and the 30-day price change is also negative at around 22.7%. These trends suggest ongoing selling pressure, which could continue to impact short-term price movements.

Considering NEAR's current price near the resistance from the 55 SMA at $1.74 and the longer-term bearish trends, caution is warranted. The mixed signals from technical indicators and the substantial recent decline indicate a Hold rating at this time, as a potential rebound may occur, but the risks of further decline remain substantial.