Olympus (OHM) is currently trading at $18.09, reflecting a slight decline of 0.75% over the past 24 hours. The asset has shown a daily range of 0.67%, with a high of $18.33 and a low of $17.66, indicating limited volatility in the recent trading session.

The trading volume stands at approximately 1.9 million, translating to a volume-to-market cap ratio of 0.67%. This suggests that while trading activity is present, it is relatively low compared to the overall market capitalization, indicating potential weakness in market interest.

Analyzing the moving averages, the short-term averages (8 SMA at $17.89 and 13 SMA at $17.92) are showing positive momentum, increasing by 1.13% and 0.96% respectively. However, the longer-term averages (55 SMA at $18.31 and 144 SMA at $19.67) reveal a bearish trend, as they are declining by 1.18% and 8.03%, suggesting resistance at higher price levels.

The Relative Strength Index (RSI) metrics show mixed signals; the 1-hour RSI is at 53, indicating a neutral stance, while the 7-day RSI is significantly lower at 37, suggesting that OHM is approaching oversold conditions. The 7-day, 14-day, and 30-day price changes are all negative, indicating a persistent downtrend in the medium term.

Given the technical indicators and price action, OHM is currently facing resistance at higher levels while also showing signs of potential reversal in the short term. However, the bearish trends in the longer moving averages and the negative RSI signals raise concerns about sustained upward momentum.

Considering the current market conditions and technical analysis, the recommendation for Olympus (OHM) is to Hold. This stance allows for observation of potential consolidation around current levels, while cautioning against entering a new position until clearer bullish signals emerge.