POL is currently priced at $0.122775, reflecting a 4.50% decline over the past 24 hours. The daily trading range has been tight, with a high of $0.128619 and a low of $0.122808, indicating reduced volatility.

Volume stands at approximately 59 million, representing 4.57% of the market cap, suggesting moderate trading activity. The hourly moving averages show bearish sentiment, with the 8 SMA at $0.1248 down by 1.60% and the 55 SMA at $0.1277 down by 3.84%, indicating a downward trend.

The 1-hour RSI is at 23, signifying that POL is potentially oversold in the short term, while the 7-day RSI at 44 reflects a lack of strong bullish momentum. Over the past week, POL has decreased by 11.77%, and it has faced more significant declines of 25.51% over the last month.

The price is significantly below its all-time high of $1.29 reached in March 2024, highlighting a considerable downside from peak levels. Considering the bearish trend in the moving averages and recent price performance, while there is potential for a short-term bounce due to the oversold condition, the overall market sentiment remains negative.

Based on the current data, a Hold rating is warranted. This recommendation allows investors to monitor potential recovery signals while acknowledging the prevailing downtrend and lack of bullish momentum.