OSMO MARKET STRUCTURE UPDATE TODAY
It's a clean breakout for $OSMO as it surged 29.03% in the last 24 hours, with a significant increase in volume to $4.20M, indicating strong buying pressure. The current price of $0.06890 is hovering near the resistance zone of ~$0.06866, and a potential retest of this zone shouldn't be ruled out. $OSMO's volume profile suggests a significant shift in market structure, with a mid-range VWAP of $0.06030, which could act as a support zone if the price were to pull back. Given the bearish market sentiment, $OSMO's 24h change is a notable outlier, and its funding rates are relatively neutral, which could indicate a potential shift in market structure.
$OSMO