POL is currently priced at $0.103788, reflecting a 24-hour decline of 3.37%. The trading range for the past day has been tight, with a high of $0.109313 and a low of $0.103515, indicating limited volatility amid bearish sentiment.

Volume stands at 50,383,452, contributing to a market cap volume ratio of 4.60%. This suggests that while trading activity is decent, it may not be sufficient to drive price recovery in the short term given the recent downward trends.

The short-term moving averages reveal a consistent decline, with the 8 SMA at $0.1047 (-0.84%) and the 13 SMA at $0.1052 (-1.33%). This indicates a bearish trend, as all moving averages are trending downward, further corroborated by the RSI metrics.

The 1-hour RSI at 30 indicates an oversold condition, suggesting a potential for a short-term bounce. However, the 7-day RSI at 48 and the price changes over 7, 14, and 30 days (-4.41%, -7.24%, and -22.37% respectively) indicate a persistent downtrend in momentum.

Given the current technical indicators, POL is experiencing downward pressure, and the trend does not show immediate signs of reversal. The price is far below its all-time high of $1.29, suggesting significant resistance levels above the current price.

Considering all the data points, the recommendation for POL is a Hold. While short-term oversold conditions may present a bounce opportunity, the overall trend remains negative, and investors should wait for clearer signs of recovery before taking action.