$OSMO /USDT: Explosive Rally as Bulls Take Control❗$OSMO is trading at $0.3474, showing a remarkable +14.96% gain in the past 24 hours. The token reached a 24-hour high of $0.3530 and a low of $0.2903, indicating strong bullish momentum.
Key Levels to Watch
Resistance: $0.3530 – A breakout above this level could lead to further upward acceleration.
Support: $0.3250 – Holding this level is critical for sustaining the bullish trend.
Trade Setup
Entry Zone: $0.3400–$0.3500 – A good entry range as bullish momentum continues.
Stop-Loss: Below $0.3250 to protect against sudden reversals.
Targets
1. $0.3600 (Short-Term)
2. $0.3800 (Mid-Term)
3. $0.4000 (Extended Target)
Technical Indicators
RSI: At 88.97, signaling overbought conditions, but strong momentum could sustain further gains.
MACD: Positive crossover, confirming robust buying momentum.
Market Insight
OSMO’s breakout above $0.3250 and its consistent rise highlight strong buying interest. Although RSI is in overbought territory, the bullish sentiment remains intact. A break above $0.3530 could fuel additional gains, while failure to sustain above $0.3250 might signal a temporary pullback.
Pro Tip: Monitor trading volume closely to confirm breakout strength and be cautious of potential retracements from overbought conditions.
