POL is currently priced at $0.119754, reflecting a 24-hour decline of 4.12%. The daily trading range has been relatively tight, with a high of $0.124906 and a low of $0.117673, suggesting limited volatility in the short term.

The volume of 68,019,425 indicates active trading, with a volume-to-market cap ratio of 5.38%. This suggests decent market interest; however, the downward price movement may signal bearish sentiment among traders.

Short-term moving averages present mixed signals: the 8 SMA and 13 SMA are showing slight negative and positive changes, while the longer-term SMAs (55 SMA at -3.60% and 144 SMA at -4.85%) indicate a more pronounced downward trend. The 1-hour RSI at 52 suggests neutrality, but the 7-day RSI at 43 indicates potential oversold conditions.

In terms of recent performance, POL has seen a significant decline over the past 30 days (-28.12%), which raises concerns about its current price stability. The asset remains far from its all-time high of $1.29 reached in March 2024, reflecting a considerable loss in value since then.

Given the current technical indicators, the prevailing downtrend in moving averages, and the bearish momentum indicated by the 7-day price change, a cautious approach is warranted. Despite some short-term stabilization signs, the overall sentiment appears negative, leading to a recommendation to Sell POL at this time.