Olympus (OHM) is currently trading at $21.21, reflecting a slight decrease of 0.87% over the past 24 hours. The price has experienced a daily range between $21.15 and $21.57, indicating low volatility with a range of just 0.42%.

The volume traded over the last 24 hours stands at 327,976, which is only 0.09% of its market capitalization, suggesting that trading activity is relatively subdued. Moving averages indicate a bearish trend, with the 8-period SMA at $21.28 and a decline of 0.31%, while longer-term SMAs show increasingly negative momentum, notably the 144 SMA at $21.49 with a decline of 1.30%.

Momentum indicators also reflect weakness, with the 1-hour RSI at 28, indicating oversold conditions, while the 7-day RSI is at 48, suggesting a neutral stance but with downward pressure observed over the past week. Price changes over multiple timeframes indicate a persistent bearish trend, with a 7-day decline of approximately 2.03%, 14-day decline of 2.85%, and a 30-day decline of about 3.93%.

The all-time high for OHM remains significantly distant at $1415.26, which illustrates the drastic decline in value since its peak in April 2021. Current technical indicators and recent price actions suggest a lack of buying momentum, with resistance levels forming above current price points.

Given the ongoing bearish trend, low trading volume, and declining momentum indicators, the recommendation for Olympus (OHM) is to Hold. This strategy is advised as the asset is currently oversold, but fundamental weaknesses remain that could prevent a near-term recovery.