Olympus (OHM) is currently priced at $17.47, reflecting a 1.18% increase over the last 24 hours. The daily price range has been narrow, oscillating between $16.99 and $17.55, indicating a low volatility environment.

Trading volume stands at 121,118, contributing to a market cap volume ratio of 0.04%, which is relatively low and suggests limited trading activity relative to its market capitalization. The short-term moving averages show upward trends, with the 8 SMA at $17.26 and the 21 SMA at $17.24, indicating bullish sentiment in the immediate timeframe.

The 1-hour RSI at 61 suggests that the asset is approaching overbought territory, while the 7-day RSI at 52 indicates a neutral position. The price has shown a modest increase of 1.33% over the last week, but the 30-day change reveals a significant decline of approximately 18.39%, indicating longer-term bearish pressure.

Despite the recent short-term gains, the substantial drop over the past month raises concerns about sustainability. The historical all-time high of $1415.26 further emphasizes the considerable distance the price has from its peak, suggesting potential resistance levels may remain strong.

Considering the current market dynamics and technical indicators, the overall outlook for Olympus (OHM) appears cautiously optimistic for short-term traders. However, the bearish trend over the last 30 days and low trading volume may hinder sustained momentum.

Rating: Hold. The current price action shows positive short-term trends, but the long-term bearish outlook suggests caution. Investors should monitor for signs of sustained upward momentum before making any new positions.