Currently, POL is trading at $0.111044, reflecting a 24-hour decline of 4.38%. The price range over the last day has been between $0.109134 and $0.116838, indicating some volatility but with a daily range of only 0.007704%, showing limited movement relative to the prior day.

The volume of 91,788,617 signifies active trading, with a volume-to-market cap ratio of 7.81%, suggesting that the asset is experiencing healthy trading activity. However, the moving averages indicate bearish sentiment, as the 8 SMA is slightly above the current price while the 55 and 144 SMAs show significant downward trends of -3.67% and -6.59%, respectively.

Momentum indicators are showing weakness, with the 1-hour RSI at 43 and the 7-day RSI at 42, both indicating potential oversold conditions. Additionally, the 7-day and 14-day price changes of -16.23% and -23.43% respectively highlight a considerable downward trend over the short term, although the 30-day change of +7.79% provides some context for potential recovery.

Despite the recent price declines, POL remains significantly below its all-time high of $1.29 set in March 2024, indicating considerable room for upward movement if bullish sentiment returns. The current technical indicators suggest that there could be further downside risk in the short term, with the asset struggling to regain upward momentum in the face of prevailing market conditions.

Based on the current analysis, the recommendation for POL is to Hold. This rating is due to the asset's oversold conditions, potential for a rebound in the longer term, and the need for confirmation of a trend reversal before considering any buying opportunities. Short-term traders may want to be cautious, while long-term holders should monitor market developments closely.