$POL/USDT, the current price is $0.3700, with the 24-hour high at $0.3760 and low at $0.3685. The price is moving in a tight range between $0.36 (support) and $0.38 (resistance), indicating a consolidation phase. The EMA indicators (7, 10, and 14) are hovering around the current price, and the RSI (relative strength index) is sitting below 40, suggesting that POL is in oversold territory but not quite signaling a strong reversal yet.
Given the low confidence in a confirmed bullish reversal in the 4-hour timeframe and the lack of major updates or project launches from POL, there is a risk that price action might remain weak or stagnant. If $POL continues to hover without new initiatives, the price could break support at $0.36, leading to further declines.
