Olympus (OHM) is currently trading at $20.29, reflecting a slight decline of 1.45% over the past 24 hours. The price has shown a daily range between $20.09 and $20.65, indicating relatively low volatility with a daily range of just 0.56%.

Volume stands at 608,634, contributing to a volume-to-market cap ratio of 0.19%, suggesting limited trading activity relative to its market capitalization. Technical indicators show that the 1-hour RSI is at 37, indicating oversold conditions, while the 7-day RSI of 46 suggests a neutral to bearish sentiment in the short term.

Short-term moving averages are also exhibiting bearish trends, with the 8 SMA at $20.31 and the 13 SMA at $20.35, both showing declines. Furthermore, longer-term averages like the 55 SMA at $20.63 and the 144 SMA at $20.71 indicate a downward trajectory over the past few days, highlighting ongoing selling pressure.

From a broader perspective, OHM has experienced negative price changes over the past 7 days, 14 days, and 30 days, with losses of 3.24%, 5.64%, and 6.37%, respectively. The stark contrast between the current price and its all-time high of $1,415.26 underscores the significant depreciation and the current downtrend.

Given the current technical indicators and persistent downward momentum, a cautious approach is warranted. With the RSI indicating oversold conditions but still reflecting a bearish sentiment, and the moving averages signaling further downside potential, the recommendation for Olympus (OHM) is to Hold. This strategy allows for potential recovery while minimizing exposure to further declines in the current market environment.