POL (ex-MATIC) is currently trading at $0.103972, reflecting a slight decline of 2.01% over the last 24 hours. The daily range has been relatively tight, with a high of $0.106421 and a low of $0.102729, indicating limited volatility in the short term.

The trading volume stands at 43,206,850, corresponding to a volume-to-market cap ratio of 3.94%, suggesting moderate trading activity. The technical indicators reveal a mixed outlook; the 8 SMA is showing a positive trend at +0.41%, while the longer-term 55 SMA is declining at -2.44%, indicating potential resistance at higher levels.

The 1-hour RSI at 40 indicates that POL is approaching oversold territory, which may provide a short-term buying opportunity if momentum shifts. Conversely, the 7-day RSI at 49 suggests that the asset lacks strong bullish or bearish momentum, while the 14-day and 30-day price changes of -7.74% and -21.95% indicate a bearish trend over the longer term.

Given that POL is significantly below its all-time high of $1.29, the price level reflects a substantial drawdown, which could attract buyers looking for value. However, the negative price changes over multiple time frames highlight ongoing selling pressure that needs to be addressed for a sustainable reversal.

Considering the current market conditions, I recommend a Hold rating on POL. While there are potential short-term buying signals, the longer-term bearish trend and recent declines suggest that waiting for clearer signs of recovery may be prudent before entering a new position.