Olympus (OHM) is currently trading at $17, showing a 24-hour decline of 2.14%, indicating bearish sentiment in the short term. The daily price range has been relatively narrow, between $16.92 and $17.46, reflecting subdued volatility.

Volume over the last 24 hours stands at 218,661, contributing to a low volume-to-market cap ratio of 0.08%, which suggests limited investor interest. Technical indicators, such as the hourly and daily simple moving averages, consistently indicate a downtrend, with all moving averages showing negative percentages from the current price.

The 1-hour RSI at 40 indicates that the asset is approaching oversold territory, while the 7-day RSI of 47 suggests a neutral stance, lacking strong momentum in either direction. Recent price changes show a significant decline of over 21% in the last 30 days, which may indicate a longer-term bearish trend.

Given the considerable drop from its all-time high of $1415.26, the asset appears to be struggling to find a solid support level. In light of the negative momentum and low trading volume, investors should be cautious as bearish sentiment prevails.

Considering the current technical indicators, lack of bullish momentum, and ongoing downward price trends, the recommendation for Olympus (OHM) is to Sell. This strategy aims to mitigate further losses as market conditions remain unfavorable for bullish positioning.