$OSMO is currently trading at 0.1557 USDT, just above its support level of 0.1552 USDT.
The market structure appears bearish, indicated by an RSI of 27.78, showing oversold conditions.
A breakout strategy could be viable if the price surges past the resistance level of 0.1671 USDT.
Traders should be cautious of macroeconomic events and Bitcoin's volatility, as these could significantly impact OSMO's price movements.
