$OSMO /USDT - BULLISH TREND WITH POTENTIAL PULLBACK 📈🔥
Current Price: $0.5942
Key Levels:
• Resistance: $0.6465
• Support: $0.5500
$OSMO/USDT has experienced a significant rally, gaining momentum as buying pressure surged. However, with current rejection near $0.6465, a short-term pullback may occur towards the $0.5500 support zone before resuming its upward trend.
Trade Setup (Long):
• Entry: $0.5700
• Target 1 (TP1): $0.6200
• Target 2 (TP2): $0.6500
• Stop Loss (SL): $0.5400
Risk Management:
Always use proper position sizing, risking no more than 2-3% of your capital per trade. Watch for sustained momentum or volume confirmation before entering the trade.