Technical Analysis for OSMO/USDT | Binance ๐
Current Price: 0.5744 USDT (โ Rs160.03)
24h High: 0.5820 USDT
24h Low: 0.4783 USDT
24h Volume (USDT): 7.41M
Price Change: +18.21%
Key Indicator Highlights:
Moving Average (MA 5): 1,698,414.64
Moving Average (MA 10): 937,138.60
Volume: 981,185.69 (OSMO)
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๐ Key Technical Levels & Targets:
๐ฏ Target 1: 0.5820
The 24h high at 0.5820 represents the immediate resistance. A breakout above this level could continue the upward movement. Traders should look for confirmation of sustained bullish momentum before aiming for this target.
๐ฏ Target 2: 0.5872
The next critical target is 0.5872. If OSMO/USDT can hold above the 0.5820 resistance, this level could act as the next potential price point. Watch for volume increases and momentum shifts to confirm further upward movement.
๐ฏ Target 3: 0.6000
Beyond 0.5872, 0.6000 is a psychological resistance. It would mark a significant milestone for the OSMO/USDT pair and could serve as a point for profit-taking or a breakout signal depending on market conditions.
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๐ Conclusion:
Happy Trading ๐
