Olympus (OHM) is currently priced at $17.28, reflecting a minor 24-hour decline of -0.80%. The daily trading range has been relatively tight, with a high of $17.60 and a low of $17.23, indicating low volatility and a constrained trading environment.

Trading volume stands at 23,241, which is only 0.01% of the market cap, suggesting limited market participation. The hourly moving averages are showing a consistent downtrend, with the 8, 13, and 21 SMA all declining by approximately 0.87% to 0.91%, indicating bearish sentiment in the short term.

The 1-hour Relative Strength Index (RSI) is currently at 36, suggesting that OHM is nearing oversold territory. In contrast, the 7-day RSI is at 52, reflecting a more neutral position, while the price has seen a significant drop of approximately 17% over the past 30 days.

From a technical perspective, the persistent downward pressure on the price alongside declining moving averages indicates a lack of bullish momentum. The recent price action and declining RSI metrics suggest that further downside could be possible if current trends persist.

Fundamentally, the substantial decrease from its all-time high of $1,415.26 indicates a severe loss of market confidence and adoption issues for OHM. This could pose a risk for investors looking for short-term gains, especially given the current market dynamics.

In conclusion, the combination of bearish technical indicators, limited trading volume, and ongoing price declines suggest a cautious approach. Therefore, the recommendation is to Hold OHM at this time, waiting for clearer bullish signals or a stabilization in price before making any buying decisions.