Olympus (OHM) is currently priced at $20.42, reflecting a slight 24-hour decline of 1.50%. The daily trading range has been narrow, with a high of $20.87 and a low of $20.24, indicating limited volatility and lack of momentum in the short term.

The trading volume over the last 24 hours stands at 389,070, corresponding to a low volume-to-market cap ratio of 0.12%. This suggests weak trading activity, which could hinder price recovery as it indicates insufficient buying interest among investors.

Technical indicators show that the short-term moving averages are declining, with the 8 SMA at $20.55 down 0.62%, and the 13 SMA at $20.57 down 0.71%. The longer-term averages, such as the 55 SMA and 144 SMA, are also declining, suggesting a bearish trend in the near-term outlook.

The 1-hour RSI is at 36, which indicates that the asset is approaching oversold territory, potentially signaling a short-term reversal. Meanwhile, the 7-day RSI at 47 is still below the neutral mark, showing that the asset lacks bullish momentum over the week, with a price change of -3.45%.

In the last 14 days, OHM has decreased by 4.68%, and the 30-day price change of -6.17% further emphasizes the bearish sentiment. The stark contrast to its all-time high of $1,415.26 from April 2021 illustrates the significant loss in value and investor confidence over time.

Given the current price action, weak trading volume, and declining moving averages, the outlook for OHM remains bearish in the short to medium term. Therefore, I assign a Sell rating due to the lack of bullish signals and a trend that shows further downside potential.