🧪 $OSMO 37.6x volume spike with a 2.9% dip: exhaustion or a real sell-off accelerating? - my bias is bearish here: the 1h structure is clearly in a bearish trend with decisive lower highs and lower lows, and the latest 37.6x volume anomaly paired with a sharp -2.9% drop in 15 minutes strongly signals either forced liquidations or aggressive distribution by smart money, rather than just retail panic selling 🩸 - price is currently at 0.0372, deep below both EMA20 and EMA200, and the confirmed swing low at 0.0365 (liquidity edge) is in play — a sweep or close below this level could open up a move toward the next support at 0.0360, and further down to 0.0328 if the selling accelerates - resistance is stacked at 0.0376, 0.0396 (key for structure flip), then higher at 0.0412 and 0.0442; these should cap any reactive bounces for now - aggressive short entries can be considered on a retest/rejection of the 0.0376–0.0396 supply zone, but only after confirmation: look for a bearish engulfing or lower-timeframe break-of-structure to the downside, or a clear failure to reclaim 0.0396 - first take-profit zone is 0.0360, then 0.0328 if momentum persists; protection should be placed beyond the structure flip level at 0.0398 - if price closes above 0.0398, the bearish structure is invalidated and I would stand aside or re-evaluate for a possible trend reversal - note that BTC’s 1h structure is also bearish, and this broader pressure can amplify moves to the downside on OSMO — factor that into your risk management - not investment advice, educational report only See the levels that matter on this chart → https://t.co/tvPMdQEo2q