POL is currently trading at $0.122205, reflecting a slight decline of 0.97% over the past 24 hours. The price movement remains within a narrow daily range of $0.006618, with a high of $0.125445 and a low of $0.118827.

Volume stands at 60,782,125, equating to 4.71% of the market cap, indicating moderate trading activity. The moving averages are mixed, with the 8, 13, and 21 SMA showing negative trends while the 55 SMA has a minor positive change, suggesting potential short-term resistance around the $0.1230 level.

The 1-hour RSI is at 38, indicating a bearish trend and potential oversold conditions, while the 7-day RSI at 51 suggests the asset is nearing a neutral zone. The significant price drops over the last 7, 14, and 30 days, at -8.53%, -10.18%, and -29.22% respectively, signal underlying weakness in market sentiment.

The all-time high of $1.29, reached on March 13, 2024, underscores the substantial retracement POL has experienced. Given the current technical indicators and recent price action, the asset is under pressure, with key resistance levels to watch around the short-term moving averages.

Considering the data, POL appears to be in a consolidation phase with bearish momentum, particularly given the declining RSI and negative price changes. A cautious approach is warranted, and it is recommended to Hold POL until clearer upward momentum or bullish signals emerge, as the market sentiment may improve with a potential reversal.