The current price of POL is $0.108607, reflecting a 24-hour change of -3.92%. The daily range has been relatively tight, with a high of $0.118353 and a low of $0.105995, indicating a market that is struggling to gain upward momentum.

Volume stands at 127,838,686, representing 11.11% of the market cap, which suggests moderate trading activity. The hourly moving averages show that short-term indicators (8 SMA, 13 SMA, and 21 SMA) are trending downward, while the 55 SMA is slightly positive, indicating a possible point of support around $0.1083.

The 1-hour RSI is at 40, suggesting that the asset is nearing oversold territory, while the 7-day RSI of 46 shows a lack of strong bullish momentum. Additionally, the price changes over the past 7 days (-9.18%), 14 days (-16.75%), and 30 days (-10.07%) highlight a bearish trend that could be concerning for potential buyers.

The all-time high for POL was $1.29 on March 13, 2024, indicating a significant distance from its current price. This large gap may deter new investors, while existing holders may feel pressure to sell given the recent price declines.

Considering the current technical indicators, particularly the downward trend in the moving averages and the RSI readings, a cautious approach is warranted. The combination of bearish momentum and lack of strong support suggests that the asset could continue to face downward pressure in the near term.

Rating: Sell. The ongoing bearish trend and weak technical indicators do not support a buying opportunity at this time, and investors may want to consider exiting positions until more favorable conditions arise.