⚙️ Futures Trade Setup: $OM /USDT (1H)
Trend Bias: Short-term bearish — bounce underway, but structure still shows lower highs and lower lows.
Context: Price bounced from key intraday demand at ~0.225. Weak reaction so far — could be a dead cat bounce unless reclaimed levels hold.
🟢 Potential Long Setup
Entry Zone: $0.227–$0.230 (if it retests support and holds)
Confirmation: 1H close above $0.232 with volume
Target 1: $0.236
Target 2: $0.241
Stop Loss: $0.223 (below local low)
Risk/Reward: ~1:2.5
Only take long if bullish structure confirms — don’t catch a falling knife.
🔴 Potential Short Setup
Entry Zone: $0.234–$0.236 (supply zone retest)
Confirmation: Rejection candle or bearish engulfing on 1H
Target 1: $0.228
Target 2: $0.222
Stop Loss: $0.2385 (above wick highs)
Risk/Reward: ~1:2+
Ideal for momentum continuation if price gets rejected again at supply.
🔍 Pro Notes:
Watch Bitcoin dominance and BTC price — OM is sensitive to broader market sentiment.$OM
Don't enter mid-range. Wait for confirmations at edges (supply/demand).
Stay nimble — 1H trend is fragile; a sweep of either side could lead to fast reversals.