POL is currently trading at $0.149486, reflecting a 24-hour change of -6.87%. The daily price range has been tight, with a high of $0.162428 and a low of $0.149412, indicating a bearish trend in the short term.

Trading volume stands at 267,702,585, with a volume-to-market cap ratio of 16.95%, suggesting active trading but potential selling pressure. The hourly moving averages indicate a downtrend, with the 8 SMA at $0.1540 showing a decline of 2.94%, while the 55 SMA is significantly lower at $0.1659, down 9.91%.

The 1-hour RSI is at 39, indicating that POL is nearing oversold conditions, which could suggest a potential rebound if buyers enter the market. Conversely, the 7-day RSI of 54 indicates that momentum is still relatively neutral, suggesting a lack of strong directional movement.

Over the past week, POL has increased by approximately 19.50%, and over the last 14 days, the asset has appreciated by 44.03%. However, the 30-day price change of 23.63% shows that the asset has recently faced volatility, warranting caution for potential investors.

The all-time high for POL stands at $1.29, reached on March 13, 2024, indicating significant long-term potential. Current prices are still substantially below this level, which may attract long-term investors looking for a rebound opportunity.

Given the current bearish trend in the short term, coupled with the neutral RSI readings and significant volume, a cautious approach is warranted. Therefore, the recommendation is to Hold POL at this time, monitoring for signs of reversal or further decline before making any new purchases.