Currently priced at $0.126047, POL (ex-MATIC) has experienced a 24-hour change of -3.94%, indicating a short-term bearish sentiment. The daily range of $0.006282 suggests low volatility, with trading confined between $0.125323 and $0.131605 over the past day.

Volume stands at 47,778,668, representing a 3.58% ratio of the market cap, which indicates moderate trading activity. The 1-hour RSI is at 37, suggesting that the asset is nearing oversold conditions, while the 7-day RSI at 43 reflects a slightly bearish trend over the past week.

Short-term moving averages are all trending downward, with the 8 SMA at $0.1272 and the 13 SMA at $0.1274 showing declines of -0.94% and -1.09%, respectively. The 21 SMA also indicates a bearish trajectory at $0.1281, down -1.60%, while longer-term averages like the 55 SMA and 144 SMA are reflecting more significant declines of -3.98% and -5.95%.

Fundamentally, POL remains significantly below its all-time high of $1.29 reached in March 2024, indicating substantial retracement since that peak. Over the last 14 days, POL has decreased by 28.32%, further reinforcing the bearish outlook in both short and medium-term frames.

Given the current technical indicators, including bearish moving averages and low RSI readings, the market sentiment appears negative. The combination of recent price action, ongoing downtrends, and a lack of bullish momentum suggests that a cautious approach is warranted.

Rating: Sell. The consistent downward movement in price, combined with weak RSI levels and declining moving averages, indicates potential further downside risk, making it prudent to exit positions or refrain from new investments at this time.