NEAR Protocol (NEAR) is currently trading at $1.13, reflecting a 24-hour decline of approximately 2.86%. The daily price range has been relatively narrow, with a high of $1.17 and a low of $1.088, indicating limited volatility in the short term.

The trading volume over the past 24 hours stands at approximately 196.67 million, contributing to a volume/market cap ratio of 13.53%. This suggests a moderate level of trading activity, but not enough to trigger significant price movements in the current market context.

Analyzing the hourly moving averages, the 8 SMA at $1.11 shows a slight upward trend of +1.73%, while the 13 SMA at $1.12 also indicates a positive shift of +1.03%. The 21 SMA is at $1.13 with a minimal increase of +0.27%, suggesting that the price is stabilizing around current levels, albeit with some upward momentum.

The 1-hour RSI is positioned at 50, suggesting a neutral sentiment, while the 7-day RSI at 53 indicates a slight bullish bias. However, the 30-day price change shows a significant decline of approximately 23.87%, which signals underlying bearish pressure in the medium term.

Despite recent gains reflected in the 7-day (11.63%) and 14-day (17.13%) price changes, NEAR's performance over the longer 30-day period shows a stark contrast. This disparity highlights potential volatility and the risk of further declines, particularly as the asset approaches its all-time high of $20.44 from January 2022.

Given the mixed signals from the technical indicators and the current price action, the recommendation for NEAR Protocol is to Hold. The short-term indicators suggest some potential for recovery, but the overarching trend remains bearish over a longer time frame, warranting caution for traders.