Short Trade Plan for $OMNI /USDT (Descending Triangle Breakdown)

Pattern: Descending Triangle

Bias: Bearish (Continuation)

Current Price: ~$4.86

Key Support: $2.50

Breakdown Trigger Zone: Below $2.50

✅ Entry Conditions

Enter short once price breaks and closes below $2.50 on the 1H or 4H chart.

Look for increased volume during the breakdown.

Confirm no immediate bullish reversal patterns (like hammer candles).

🎯 Target Zones (Take-Profit Levels)

TP1: $1.80 (local demand zone / psychological round level)

TP2: $1.20 (measured move target based on height of triangle: ~$7.80 - $2.50)

TP3 (optional for swing traders): $0.80 (in case of panic sell-off)

❌ Stop-Loss

Place SL at $2.75, just above the breakdown level and triangle resistance.

Adjust tighter if breakout retest fails.

⚖️ Risk Management

Risk only 1-2% of your capital per trade.

Ensure Risk:Reward is at least 1:2 before entering.

Avoid chasing the breakdown if volume is weak.

$OMNI

#SHORT📉 #FutureTarding