POL is currently priced at $0.116596, experiencing a 24-hour decline of 2.03%. The asset has traded between a daily high of $0.121038 and a low of $0.115579, indicating a relatively narrow daily range of 0.005459%.

Volume over the last 24 hours stands at 68,688,598, with a volume-to-market cap ratio of 5.57%. This suggests moderate trading activity but indicates that the current price movement may lack strong conviction.

In terms of moving averages, the short-term averages (8, 13, and 21 SMA) are all below the current price, indicating a slight bearish sentiment. The longer-term 144 SMA is notably higher at $0.1222, showing that the price has retraced significantly from this level.

The one-hour RSI is at 51, suggesting that POL is in neutral territory, while the seven-day RSI at 42 indicates bearish momentum. The asset has seen a notable decline of 13.42% over the past week and a more significant 24.48% drop over the last two weeks.

However, POL has shown some resilience with a positive 30-day price change of 12.85%, indicating potential for recovery. The all-time high remains significantly distant at $1.29, creating a large upside potential if market conditions shift favorably.

Given the recent bearish trends, technical indicators suggest caution, particularly with the seven-day RSI approaching oversold conditions. The current price is near key support levels, but the short-term moving averages indicate a lack of upward momentum.

Considering these factors, a Hold rating is warranted at this time. Investors should monitor for signs of reversal or increased buying volume before considering any new positions, as the asset may need to stabilize before any bullish trades are advisable.