The current price of POL is $0.14769, reflecting a 24-hour decline of 5.74%. The daily trading range has been narrow, with a high of $0.157908 and a low of $0.147816, indicating consolidation in the immediate term.

Trading volume over the last 24 hours stands at approximately 118.17 million, with a volume-to-market cap ratio of 7.57%. This suggests a moderately active market, although the declining price may indicate a lack of bullish momentum in the short term.

The hourly moving averages show a bearish trend, with the 8 SMA at $0.1504 and a decline of 1.79%, while the 144 SMA is at $0.1607, reflecting an 8.08% drop. The 1-hour RSI of 33 indicates oversold conditions, which could lead to a potential short-term reversal if buying interest emerges.

In the context of the 7-day RSI at 47, POL appears to be nearing a critical support zone, as it has experienced a price increase of approximately 4.84% over the past week. However, the 14-day and 30-day price changes of 37.19% and 29.84% respectively suggest that the longer-term trend remains bullish despite recent short-term volatility.

Given that the all-time high for POL was $1.29 in March 2024, current prices are significantly lower, indicating substantial upside potential if market conditions improve. However, the present technical indicators point towards a possible continued downward trajectory in the near term.

Based on the analysis of both technical indicators and price action, the recommendation is to Hold POL. While the asset has experienced significant growth over the last few weeks, the current bearish momentum and low RSI readings suggest waiting for more favorable conditions before considering a buy.