NEAR Protocol (NEAR) is currently priced at $1.47, with a slight 24-hour increase of 0.62331%. The daily trading range is tight, between a high of $1.48 and a low of $1.45, indicating low volatility in the short term.

The trading volume stands at approximately 92.74 million, representing 4.91% of the market cap. The hourly moving averages show a mix of stability and slight bearish sentiment, particularly the 144 SMA at $1.50, which is down 2.08%, suggesting a resistance level ahead.

The 1-hour RSI is at 55, indicating a neutral trend, while the 7-day RSI is at 47, approaching oversold territory, suggesting potential upward pressure if buying interest increases. In contrast, the 7-day and 14-day price changes are notably negative, at -6.98% and -14.75%, respectively, indicating a bearish trend over the medium term.

The all-time high of $20.44, achieved in January 2022, reflects significant long-term potential; however, the current price is 92.83% lower, emphasizing the need for a cautious approach. The current price action and moving averages suggest that while short-term fluctuations may occur, the medium-term trend remains bearish.

Given the current technical indicators and the overall market sentiment, a cautious stance is advisable. Therefore, I recommend a Hold rating on NEAR Protocol, as the lack of upward momentum and recent price declines suggest waiting for clearer bullish signals before committing to a buy.