Price Analysis of Osmosis Today (January 6, 2025)

The current price of Osmosis ($OSMO ) is $0.6016, and the price has increased by +24.17% over the last 24 hours. Currently, OSMO is available on 17 exchanges, and in the last 24 hours, 90,802,582 OSMO coins have been traded, totaling $54,624,172 in trading volume.$PENGU $SPELL

Today, Osmosis (OSMO) opened at $0.5060. It has risen by 18.88% from the opening price. After a drop to $0.5002, it is trying to move higher. From the maximum price over the last 30 and 7 days, it has decreased by -29.43% and increased by 22.38%, and from the minimum recorded price over the same period, it has risen by 48.13% and 41.94%.

According to our analysis, OSMO needs to stay above $0.5462 to potentially move towards the first important resistance level at $0.6262. A breakout above $0.6262 could lead to an increase of OSMO to the next resistance level at $0.7225. The third resistance is at $0.8019.

If the price falls, the first support level to watch will be $0.5462. If this level does not hold, further declines may occur down to the next support level at $0.4476.#CryptoReboundStrategy