$OSMO has shown a 2.064% increase in the last 24 hours, hovering near the upper Bollinger Band at 0.1428.
This proximity suggests a potential overextension, indicating a possible reversal or consolidation.
Key support is at 0.138, while resistance is established at 0.1437.
Volatility appears to be contracting, hinting at a period of indecision.
Traders should consider placing a stop-loss just below 0.138 to manage risk.
It may be prudent to wait for clearer price action before entering a position.
