Olympus (OHM) is currently priced at $21.75, reflecting a slight decrease of 1.73% over the past 24 hours. The asset's daily trading range has been narrow, between $21.73 and $22.26, indicating subdued market volatility with a daily range of just 0.53%.

The trading volume of 266,349 suggests low liquidity, with a volume-to-market cap ratio of 0.07%. This low volume can often lead to increased price sensitivity, making the asset susceptible to sudden moves based on limited trades.

Technical indicators show that the 1-hour RSI is at 30, suggesting potential oversold conditions in the short term. However, the 7-day RSI is at 47, indicating a lack of strong momentum, while the 14-day price change has seen a decline of approximately 4.83%, further suggesting bearish sentiment.

Short-term moving averages are all trending downward, with the 8 SMA at $21.93 and the 21 SMA at $22.02, all reflecting negative percentages. This consistent downward pressure from the moving averages signals that the market may continue to face resistance at higher levels.

Despite a slight uptick over the past 30 days of approximately 2.26%, the recent performance suggests that OHM is struggling to maintain upward momentum after its all-time high of $1415.26 in April 2021. The market sentiment appears cautious, with a notable lack of buying interest in the current price range.

Given the current indicators, including low volume, bearish moving averages, and the oversold condition in the hourly RSI, the outlook for OHM is cautious. Therefore, the recommendation is to Hold, as there may be opportunities for a rebound if market conditions improve, but immediate buying is not advisable given the current bearish trends.