The current price of POL is $0.102844, reflecting a minor decline of 0.96% over the past 24 hours. The daily trading range has been relatively tight, with a high of $0.104377 and a low of $0.102225, indicating limited volatility in the short term.

Volume for the past 24 hours stands at approximately 46.53 million, resulting in a volume-to-market cap ratio of 4.29%. This suggests moderate trading activity, yet insufficient to stimulate significant price movement given the current downward trend observed over the past week (-3.74%) and month (-23.64%).

Technical indicators reveal that the short-term moving averages (8, 13, 21 SMA) are positioned below the longer-term moving averages (55, 144 SMA), which typically indicates a bearish sentiment. The 1-hour RSI at 46 suggests that the asset is neither overbought nor oversold, while the 7-day RSI mirrors this neutrality, indicating a possible consolidation phase.

Fundamentally, POL's recent performance is concerning, with a 14-day price change of -9.60%, reflecting a loss of investor confidence. The all-time high of $1.29, reached in March 2024, feels increasingly distant, and the current price represents a significant retracement from that peak.

Given the lack of strong bullish signals and the prevailing downward trends, the recommendation is to Hold. This strategy allows investors to wait for a clearer reversal signal or better market conditions before making further commitments. Potentially, if the price can stabilize above the $0.1050 level, it may indicate a bullish reversal, warranting a reassessment of the buy rating.