NEAR Protocol is currently trading at $0.959947, showing a slight 24-hour change of 0.31391%. The daily trading range has been narrow, with a high of $1.007 and a low of $0.944763, indicating relatively low volatility.

The trading volume stands at 166,128,293, reflecting a volume-to-market cap ratio of 13.42%, which suggests a moderate level of trading activity relative to the market capitalization. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.9874, down 2.78%, and all other SMAs confirming this downward momentum over various time frames.

The 1-hour RSI is at 45, signaling that NEAR is approaching the neutral zone, but is not yet oversold. In the 7-day and 14-day perspectives, the RSIs are at 43, indicating consistent bearish sentiment, while the price has decreased by approximately 13.65% over the past week and 32.32% over the last two weeks.

Over the last 30 days, NEAR has experienced a substantial decline of about 45.90%, which highlights a significant downward trend from previous price levels. With an all-time high of $20.44 reached in January 2022, the current price reflects a stark depreciation in value, raising concerns about long-term investor confidence.

Given the technical indicators pointing toward a bearish sentiment and the significant price drops over multiple time frames, a cautious approach is warranted. Therefore, the recommendation for NEAR Protocol is to hold positions, as there may be potential for stabilization and recovery if market conditions improve, but aggressive buying is not advisable under the current circumstances.