NEXO is currently trading at $0.914656, showing a slight 24-hour increase of 0.14262%. The daily price range has been relatively tight, with a high of $0.936459 and a low of $0.904835, indicating low volatility.

The trading volume over the last 24 hours stands at approximately 8.13 million, with a volume-to-market cap ratio of 0.89%. Short-term moving averages show a mixed trend, with the 8-period and 13-period SMAs slightly bearish, while the 21-period SMA is showing minor bullish momentum.

The 1-hour Relative Strength Index (RSI) is at 53, suggesting a neutral stance, while the 7-day RSI at 42 indicates that NEXO is approaching oversold conditions. Furthermore, the price has declined by 6.57% over the past week, with a more significant drop of 7.40% over the last 14 days, reflecting bearish sentiment in the medium term.

Longer-term, NEXO is still far from its all-time high of $4.07 reached in May 2021, which highlights a significant downward trend since then. The 144 SMA at $0.9501 shows a notable resistance level, approximately 3.73% above the current price, which could pose challenges for upward momentum.

In summary, while NEXO is experiencing slight short-term gains, the medium-term indicators point towards bearish sentiment and a lack of significant buying pressure. Therefore, the recommendation is to Hold NEXO at this time, as potential downward risks remain, and a clear bullish reversal is not yet established.