NEXO is currently trading at $0.949202, reflecting a positive 24-hour change of 3.80%. The daily price range has been relatively tight, with a high of $0.96164 and a low of $0.914451, indicating a short-term consolidation phase.

The trading volume stands at 9,326,524, which accounts for 0.98% of the market cap, suggesting a moderate level of activity. Moving averages indicate a bullish sentiment in the short term, with the 55 SMA showing a gain of 3.94%, while the other short-term SMAs are also trending upward.

Both the 1-hour and 7-day RSI are at 50, indicating a neutral momentum without strong bullish or bearish pressure. However, the 7-day price change is negative at -4.56%, and both the 14-day and 30-day changes show significant declines of -13.88% and -16.34%, respectively, signaling weakness in the medium to long-term trend.

NEXO's all-time high of $4.07, reached in May 2021, contrasts sharply with its current price, highlighting the asset's considerable depreciation. This long-term downtrend, coupled with recent negative price action, raises concerns about sustainability in the current price range.

In conclusion, despite a recent uptick in price and a bullish signal from short-term moving averages, the overall trend remains bearish over the last month. Therefore, the rating for NEXO is a Hold, as investors should monitor for potential signs of reversal while remaining cautious of the existing negative momentum.