NEAR Protocol is currently priced at $1.74, showing a 3.65% increase over the last 24 hours. The daily trading range has been relatively narrow, with a high of $1.74 and a low of $1.67, indicating low volatility during this period.

The trading volume stands at approximately 163.49 million, accounting for 7.33% of its market cap, suggesting a moderate level of market interest. Moving averages indicate a mixed sentiment; while the 8 SMA, 13 SMA, and 21 SMA show upward momentum, the 55 SMA and 144 SMA are indicating slight bearish pressure.

The 1-hour RSI is at 73, signaling overbought conditions, while the 7-day RSI at 47 suggests a neutral stance. Recent price changes indicate a downward trend over the past week, with a 7-day change of -6.96% and a 30-day change of -13.04%, reflecting a bearish longer-term sentiment.

Despite the recent uptick in price, the prevailing trend remains downward, as indicated by the longer-term price movements and the mixed signals from moving averages. The proximity to the current price relative to the 1-hour RSI suggests potential profit-taking could occur in the short term, despite the recent gains.

Given the overbought conditions in the short term and the longer-term downward price trends, the recommendation is to Hold. This strategy allows for potential profit capture while monitoring for a reversal or stabilization in price trends before making any further investment decisions.