POL (ex-MATIC) is currently trading at $0.093461, having experienced a significant decline of 13.68% in the last 24 hours. The daily price range fluctuated between a low of $0.087172 and a high of $0.109693, indicating high volatility and potential for short-term trading opportunities.

The volume of 144,935,196 reflects a substantial trading interest, with a volume-to-market cap ratio of 14.64%. However, the moving averages show a consistent downtrend, with the 8 SMA at $0.1005 indicating a loss of 7.04% and the longer-term averages reinforcing bearish sentiment, particularly the 144 SMA at $0.1074, down 13.01%.

The 1-hour RSI at 9 suggests that POL is significantly oversold, potentially indicating a rebound could occur soon. In contrast, the 7-day RSI at 43 suggests a neutral position, while longer-term trends indicate weakness, with a 30-day price change of -26.77%.

Considering the recent price action and technical indicators, POL is currently facing strong downward pressure, and the all-time high of $1.29 appears distant under current conditions. Unless there are fundamental changes or market catalysts, the technical outlook remains bearish, warranting caution.

Given the oversold conditions on shorter time frames, a short-term trading opportunity may exist, but the overall trend indicates a continued downtrend. Therefore, the recommendation is to Hold, as investors should monitor for any signs of a reversal before considering a Buy.