Market Overview for Osmosis/USDC (OSMOUSDC) as of 2025-11-07

Summary
• Osmosis/USDC rose 1.04% in 24 hours amid a breakout above 0.0965.
• Rising volume and a bullish MACD crossover indicate strengthening momentum.
• Price hovered near the upper Bollinger Band, signaling high volatility.

Osmosis/USDC (OSMOUSDC) opened at 0.0938 on 2025-11-06 at 12:00 ET, reached a high of 0.1026, a low of 0.0930, and closed at 0.1029 on 2025-11-07 at 12:00 ET. Total 24-hour volume amounted to 556,605.83, and turnover reached $54,547.70. The pair exhibited strong upward momentum and a notable increase in volatility.

Structure & Formations

Price action on the 15-minute chart shows a series of higher highs and higher lows from 19:30 ET to 17:00 ET, suggesting a strong short-term uptrend. A key support level at 0.0955 appears intact, having been tested twice and holding during the session. A bullish engulfing pattern formed around 22:45 ET as price surged from 0.0962 to 0.0973, signaling a potential reversal from a prior downtrend. A doji at 00:30 ET suggests indecision among traders at 0.0971. Resistance appears to be forming near 0.0990–0.1004, where the pair stalled twice before rallying again.

Moving Averages

The 20-period and 50-period SMAs on the 15-minute chart are both trending upwards, with price above both lines, indicating bullish momentum. The 50-period SMA sits at ~0.0975, while the 20-period SMA is above that at ~0.0983, suggesting a potential continuation of the upward trend.

MACD & RSI

The MACD turned bullish with a golden cross occurring around 00:15 ET, where the line crossed above the signal line. RSI is currently at 62, suggesting moderate momentum but not yet overbought. This combination implies a healthy upward trend with room for further gains.

Bollinger Bands

Osmosis/USDC traded near the upper Bollinger Band for much of the session, indicating high volatility. The width of the bands increased sharply after 15:30 ET, which may reflect growing optimism or speculative activity in the market.

Volume & Turnover

Volume peaked at 91,557.71 during a sharp 16:30 ET surge, coinciding with a price jump from 0.1009 to 0.1024. This was the highest 15-minute volume of the session and appears to confirm the strength of the move. Turnover and price action were in alignment, with no significant divergence observed.

Fibonacci Retracements

Applying Fibonacci levels to the recent 0.0930–0.1026 swing, the 61.8% retracement level sits at 0.0988 and appears to have acted as a minor support/resistance. The 38.2% level at 0.0973 was tested and broken twice, indicating increasing buying pressure.

Backtest Hypothesis

To run the MACD-golden-cross back-test correctly, the exact ticker symbol must be confirmed as “OSMOUSDC,” which appears to be the correct identifier in this context. A trade should open on the close of the signal day, as this aligns with standard candlestick timeframes used in the analysis. To ensure a fair and realistic evaluation, risk controls such as a stop-loss should be included in addition to the fixed 5-day exit. Once these parameters are confirmed, the back-test can begin using MACD crossover signals from 2022-01-01 to today, providing insights into the strategy's historical effectiveness.