Olympus (OHM) is currently trading at $16.92, reflecting a 24-hour decline of 2.11%. The price has fluctuated between $16.68 and $17.42 over the last day, indicating relatively low volatility with a daily range of just 0.74%.

Volume stands at 174,684, which corresponds to a market cap volume ratio of 0.07%, suggesting minimal trading activity relative to the market capitalization. The hourly moving averages indicate a bearish trend, with the 8 SMA at $17.20 showing a decline of 1.60%, and progressively larger moving averages also reflecting negative price momentum.

The 1-hour RSI at 26 signals oversold conditions, which typically indicates a potential for short-term rebounds. However, the 7-day RSI at 47 suggests that the asset is approaching neutral territory, while the 7-day and 14-day price changes of -1.93% and -5.85% indicate sustained downward pressure.

Over the past 30 days, OHM has seen a significant decline of 21.27%, reflecting a longer-term bearish trend. This aligns with the overall market sentiment and the substantial gap from the all-time high of $1415.26, which emphasizes the drastic price correction since its peak.

Given the current technical indicators, including bearish moving averages and low RSI levels, the short-term outlook appears negative. However, the potential for a reversal exists if the price stabilizes above critical support levels near the recent lows.

Overall, considering the bearish momentum and lack of strong volume to support a recovery, I rate Olympus (OHM) as a Sell. The current technicals do not suggest an imminent recovery, and traders should consider exiting positions to avoid further losses in this downward trend.