The current price of POL stands at $0.119345, reflecting a minimal 24-hour change of 0.04298%. The daily trading range has been tight, with a high of $0.12318 and a low of $0.118812, indicating low volatility in the short term.

Volume has reached approximately 62.24 million, which corresponds to a volume-to-market cap ratio of 4.93%. This level of trading activity suggests a moderate interest in POL, yet the price remains below its significant moving averages, indicating bearish momentum.

The hourly moving averages indicate a declining trend, with the 8 SMA at $0.1202 and the 55 SMA at $0.1222, both reflecting negative percentages. The RSI metrics also point to weakness, with a 1-hour RSI of 36 signaling oversold conditions, while the 7-day RSI at 43 is approaching oversold territory, further confirming bearish sentiment.

Looking at the broader price changes, POL has seen a substantial decline of 12.34% over the past week and 21.34% over the past two weeks. Although the asset experienced a positive 30-day change of 10.88%, the recent negative trends outweigh the short-term gains.

The all-time high for POL is $1.29, achieved earlier this year, which presents a significant upside potential from the current price level. However, the recent price action suggests that investors are currently cautious, likely due to the broader market dynamics and bearish signals.

Given the current technical indicators, including moving averages and RSI readings, as well as the recent price declines, the recommendation is to Hold. This stance allows for potential recovery as oversold conditions may present an opportunity for entry, but it also acknowledges the current bearish trend that prevents a Buy rating.