POL (ex-MATIC) is currently trading at $0.088492, reflecting a 24-hour decline of 4.98%. The price has fluctuated between a daily high of $0.09343 and a low of $0.088502, indicating limited volatility with a daily range of just 0.004928%.

Trading volume has reached approximately 69 million, representing 7.36% of its market cap, suggesting a moderate interest in trading at current levels. The hourly moving averages indicate a bearish trend, with the 8, 13, and 21 SMAs all showing declines of between 2.76% and 3.27%, while the 55 and 144 SMAs reflect even steeper drops of 5.08% and 7.30%, respectively.

The 1-hour RSI stands at 30, indicating that POL is currently oversold in the short term. The 7-day RSI is at 45, suggesting a neutral trend, but the 7-day price change of -19.36%, along with the 14-day and 30-day changes of -25.49% and -41.93%, respectively, indicate significant bearish pressure over longer periods.

Despite the substantial drop from its all-time high of $1.29 in March 2024, the current price suggests a potential accumulation zone. However, the persistent downtrends in both short and long-term moving averages, along with the negative price momentum, indicate that the market sentiment remains bearish.

Given the current oversold conditions and the potential for a rebound, a cautious approach is warranted. The analysis suggests a Hold rating as POL may find support in the near term, but the overall trend remains negative, and further confirmation of a bullish reversal is needed before considering a Buy.