OSMO shows obvious signs of rebound. From recent price movements and RSI indicators, there are indications of being overbought, and a short-term correction is indeed underway. However, from a larger cycle perspective, the overall trend remains bearish, and OSMO is still within a long-term downtrend. In this situation, the rebound is more like a technical breather rather than a true trend reversal. Short-term traders can look for overbought pullback opportunities, but medium-term investors need to observe whether it can break through key resistance levels to determine if a reversal is possible.
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ContractBugHunter
· 01-09 20:35
I agree with the term "technical pause," but there are still many people entering the market now, so it's easy to get caught in a trap.
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blockBoy
· 01-09 20:25
A rebound is a rebound. Don't label it as a "breather."
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FloorSweeper
· 01-09 20:16
lol paper hands falling for every RSI bounce, classic. this ain't no reversal, just capitulation looking for a rug pull. accumulation phase hasn't even started yet ngl.
OSMO shows obvious signs of rebound. From recent price movements and RSI indicators, there are indications of being overbought, and a short-term correction is indeed underway. However, from a larger cycle perspective, the overall trend remains bearish, and OSMO is still within a long-term downtrend. In this situation, the rebound is more like a technical breather rather than a true trend reversal. Short-term traders can look for overbought pullback opportunities, but medium-term investors need to observe whether it can break through key resistance levels to determine if a reversal is possible.