NEXO is currently trading at $0.794636, reflecting a slight decline of 1.0096% over the past 24 hours. The daily price range shows a high of $0.815963 and a low of $0.790769, indicating limited volatility with a narrow daily range of 0.025194%.

Volume stands at 9,412,580, representing 1.19% of the market cap, suggesting moderate trading activity relative to the overall market capitalization. The short-term moving averages indicate bearish momentum, with the 8, 13, and 21 SMA all showing negative percentage changes, while the longer-term 55 and 144 SMAs are showing positive gains, indicating a potential shift in momentum.

The 1-hour RSI is at 45, suggesting the asset is neither overbought nor oversold, while the 7-day RSI remains neutral at 50. However, the 14-day price change of -12.66% and 30-day change of -16.88% indicate a bearish trend in the medium to long term, reflecting selling pressure.

Given the current price is significantly below the all-time high of $4.07, the asset has considerable room for potential recovery. However, the recent negative price changes and the bearish signals from the moving averages necessitate a cautious approach.

Based on the analysis of both technical indicators and recent price movements, the recommendation is to Hold NEXO. This stance allows for potential upward momentum from the longer-term SMAs while avoiding exposure to further downside risk given the bearish sentiment in the medium term.