๐$OSMO / USDT Bull Run - Time to Ride The Wave!โ
Current Price: $0.585524H Change: +21.12%Category: DeFi | Gainer
Technical Analysis (4H Chart)
$OSMO / USDT has experienced a significant upward rally, reaching $0.5855. The price hit a 24H High of $0.6465, with strong momentum, while the 24H Low was $0.4783.
Key Levels
๐ Resistance:
Immediate: $0.6465Breaking above this resistance could trigger further momentum, targeting the $0.65+ zone.
๐ Support:
Immediate: $0.5500Strong support lies at $0.5000, which could provide stability if a correction occurs.
Market Overview
1๏ธโฃ Short-Term:
Todayโs Gain: +19.19%, reflecting strong buying interest.7-Day Gain: +29.47%, showcasing a positive weekly trend.
2๏ธโฃ Mid-Term:
30-Day Performance: -29.80%, indicating a recent correction.90-Day Performance: +7.26%, with gradual recovery.
3๏ธโฃ Long-Term:
180-Day Performance: +15.72%1-Year Performance: -67.11%, reflecting prior market challenges.
Trading Insights
๐ฅ Bullish Case:
Sustained momentum and a breakout above $0.6465 could pave the way for new highs, particularly as DeFi narratives strengthen.
โ ๏ธ Bearish Case:
A drop below $0.5500 might lead to consolidation, with further support at $0.5000.
Conclusion
OSMO/USDT is displaying remarkable gains, fueled by a strong DeFi market and increased trading activity. With a 21.12% surge, it stands out as one of the top-performing assets of the day.
๐ Traders should watch closely for a breakout or potential retracement. This could present exciting opportunities!
