Olympus (OHM) is currently trading at $17.29, reflecting a slight 24-hour change of 0.24%. The daily price range has been limited, with a high of $17.46 and a low of $17.13, indicating low volatility in the short term.

Volume stands at 246,470, representing a market cap volume ratio of 0.09%, which suggests minimal trading activity relative to its overall market capitalization. The hourly moving averages indicate mixed signals; while the 8 SMA shows a slight upward trend of 0.04%, the 13, 21, and 55 SMAs are all trending downwards, highlighting potential bearish sentiment.

The 1-hour RSI at 47 suggests that OHM is approaching neutral territory but is not yet oversold. In contrast, the 7-day RSI at 48 indicates a similar state, yet the longer-term momentum remains concerning, with a 7-day price change of -3.49%, a 14-day drop of nearly 16%, and a staggering 30-day decrease of approximately 19.48%.

Historically, OHM's all-time high of $1,415.26 underscores the drastic drop in value, highlighting significant bearish pressure since its peak in April 2021. Current performance metrics, including the downward trends in both the RSI and moving averages, point to a weak market sentiment, reinforcing concerns about continued price declines.

Based on the technical analysis and fundamental performance data, the recommendation is to Hold OHM. The current price levels suggest that entering a new position carries higher risk due to ongoing downward momentum and lackluster trading activity. Holding may provide an opportunity to reassess market conditions for a more favorable entry point in the future.