$OSMO spiked to 0.0672 on the 100M token burn plan, then gave back a chunk 🔥
That's normal after a headline wick. What matters more is the bigger picture: up about 13% on the week, a clean line of rising lows since mid-October, and price still above both 4H EMAs.
🔴 Spike high: 0.065-0.067
🟢 Support: 0.0515-0.0528
🟢 Last higher low: 0.0488
As long as 0.0488 holds, the uptrend in $OSMO
is intact. Supply cuts only matter if demand shows up, so watch volume on the next push. NFA
#Osmosis #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
That's normal after a headline wick. What matters more is the bigger picture: up about 13% on the week, a clean line of rising lows since mid-October, and price still above both 4H EMAs.
🔴 Spike high: 0.065-0.067
🟢 Support: 0.0515-0.0528
🟢 Last higher low: 0.0488
As long as 0.0488 holds, the uptrend in $OSMO
is intact. Supply cuts only matter if demand shows up, so watch volume on the next push. NFA
#Osmosis #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
