OSMO EXPLODED 37 PERCENT ON A RUMOR AND THIN BOOKS
Market is red across the board with 12 gainers against 67 losers while Bitcoin bleeds near 83 thousand dollars
Rotation days like this push money into mid caps and Osmosis caught the full wave
$OSMO opened near 4 cents and ripped to almost 6 cents for a 37 percent move on 53 million dollars of volume
Osmosis is the biggest DEX on Cosmos and fresh talk about a revised merger with the Cosmos Hub lit the fuse
The books on OSMO are thin so even moderate buying turns into violent candles
My take as an analyst? Rumor pumps on thin books are the fastest money and the fastest reversals and this one is running on speculation not fundamentals
My call is TAKE PROFIT if you caught it and only BUY a dip near 4 cents with target near 7 cents and stop under 3 cents
Do you trust $OSMO merger rumors or is this a classic rumor top?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Cosmos
Market is red across the board with 12 gainers against 67 losers while Bitcoin bleeds near 83 thousand dollars
Rotation days like this push money into mid caps and Osmosis caught the full wave
$OSMO opened near 4 cents and ripped to almost 6 cents for a 37 percent move on 53 million dollars of volume
Osmosis is the biggest DEX on Cosmos and fresh talk about a revised merger with the Cosmos Hub lit the fuse
The books on OSMO are thin so even moderate buying turns into violent candles
My take as an analyst? Rumor pumps on thin books are the fastest money and the fastest reversals and this one is running on speculation not fundamentals
My call is TAKE PROFIT if you caught it and only BUY a dip near 4 cents with target near 7 cents and stop under 3 cents
Do you trust $OSMO merger rumors or is this a classic rumor top?
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #Cosmos