$OSMO Is Recovering, But the Breakout Still Needs Confirmation
$OSMO made a sharp move from the $0.048 area toward $0.051, but sellers pushed the price back. Now it is trying to recover around $0.0500.
Here are the levels I'm watching on the 15-minute chart:
Resistance: $0.0510–$0.0515
Support: $0.0490–$0.0492
Major resistance: $0.0539
If OSMO breaks above $0.0515 with strong volume and holds the level, another move toward $0.0539 becomes possible.
But if buyers fail and price loses $0.0490, the recent recovery could weaken, with $0.0480 as the next area to watch.
One thing stands out: volume increased sharply during the rally, but the next move needs confirmation.
I'm not chasing the green candles. I want to see whether buyers can defend the price after the breakout.
What do you think: will OSMO reclaim $0.0515, or will sellers push it back toward $0.0490?
$OSMO #osmo #CryptoAnalysis
$OSMO made a sharp move from the $0.048 area toward $0.051, but sellers pushed the price back. Now it is trying to recover around $0.0500.
Here are the levels I'm watching on the 15-minute chart:
Resistance: $0.0510–$0.0515
Support: $0.0490–$0.0492
Major resistance: $0.0539
If OSMO breaks above $0.0515 with strong volume and holds the level, another move toward $0.0539 becomes possible.
But if buyers fail and price loses $0.0490, the recent recovery could weaken, with $0.0480 as the next area to watch.
One thing stands out: volume increased sharply during the rally, but the next move needs confirmation.
I'm not chasing the green candles. I want to see whether buyers can defend the price after the breakout.
What do you think: will OSMO reclaim $0.0515, or will sellers push it back toward $0.0490?
$OSMO #osmo #CryptoAnalysis