Olympus (OHM) is currently trading at $22.77, reflecting a slight 24-hour decrease of 1.36%. The daily range is tight, with a high of $23.18 and a low of $22.68, indicating limited volatility within the last day.

Trading volume stands at 633,128, translating to a volume/market cap ratio of 0.17%, which suggests that current trading activity is relatively low compared to market capitalization. The hourly moving averages show bearish momentum, with the 8, 13, 21, and 55 SMA all trending downward, while the 144 SMA is the only one indicating a slight bullish trend at $22.64.

The 1-hour RSI is at 44, which indicates that OHM is nearing oversold territory, while the 7-day RSI at 54 shows that the asset is neither overbought nor oversold in the short-term context. In terms of price changes, OHM has experienced a 3.73% increase over the past week, a 9.87% increase over the past two weeks, and a 9.03% increase over the past month, suggesting a general upward trend despite the recent pullback.

With the all-time high recorded at $1415.26 in April 2021, the current price represents a significant decline, reflecting broader market corrections and changing investor sentiment. The low trading volume and bearish short-term moving averages suggest caution, as the asset may be consolidating before making a more decisive move.

Given the current technical indicators, particularly the downward trend in the short-term moving averages and the low RSI, a Hold rating is advised. While there are signs of potential upward movement in the longer term, immediate bearish momentum and low trading volume warrant a cautious approach in the near term.