From the 30-minute K-line chart, Osmosis is currently in a clear weak trend. The price has broken below the short-term EMA moving averages, and the RSI indicator has entered the oversold zone, which usually indicates that sellers are in control.
Specifically, the downward arrangement of the short-term EMAs reflects a decline in bullish momentum, and although the RSI is operating at low levels and may signal a rebound opportunity, without a clear bottom confirmation, risks should still be approached with caution. At this stage, the key is to observe whether the price can find some relief at a support level or continue to probe lower. Moving forward, close attention should be paid to whether trading volume can gently increase to assess the reliability of a potential reversal.
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digital_archaeologist
· 01-15 21:56
osmo, this wave really can't hold anymore... RSI is oversold and still falling, who knows where the bottom is
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SocialFiQueen
· 01-15 14:17
Osmo drops again, is there really no bottom this time...
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SnapshotLaborer
· 01-15 14:14
Here comes the bearish talk about OSMO again... When RSI is oversold, it's actually a sign to look for a rebound.
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BlockchainBard
· 01-15 14:11
Is Osmo really looking a bit weak this time? Is it going to keep dropping?
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YieldFarmRefugee
· 01-15 14:04
Am I about to buy the dip again... The RSI is so low that I'm a bit anxious.
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ruggedNotShrugged
· 01-15 13:51
osmo, this time really can't hold anymore... RSI is oversold but it's still dropping further
OSMO Short-term Technical Outlook: Bearish Signals Concentrated
From the 30-minute K-line chart, Osmosis is currently in a clear weak trend. The price has broken below the short-term EMA moving averages, and the RSI indicator has entered the oversold zone, which usually indicates that sellers are in control.
Specifically, the downward arrangement of the short-term EMAs reflects a decline in bullish momentum, and although the RSI is operating at low levels and may signal a rebound opportunity, without a clear bottom confirmation, risks should still be approached with caution. At this stage, the key is to observe whether the price can find some relief at a support level or continue to probe lower. Moving forward, close attention should be paid to whether trading volume can gently increase to assess the reliability of a potential reversal.