š„ OG/USDT Bullish Futures Trade Setup (1H Timeframe)
Market Context:
The asset has been in a short-term downtrend, but signs of a bullish reversal are emerging. A potential double bottom and a breakout above recent structure hint at upward momentum building.$OG
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Technical Analysis
Structure Break: Price broke above the $13.10 level, forming a higher high.
Pattern: Double bottom + Bullish engulfing candles.
Volume: Increasing volume on the breakout candle.
Support Zone: $12.50 ā $12.70
Resistance Zone: $13.60 ā $13.90
š Long (Buy) Setup
Entry Zone: $13.15 ā $13.25 (on breakout retest or live momentum)
Stop Loss: $12.85 (below support and recent wick)
Take Profit 1: $13.60 (previous resistance)
Take Profit 2: $13.90 (next resistance level / Fibo extension zone)
Risk-Reward Ratio: 1:2.5+
š ļø Confluence Factors
RSI showing bullish divergence around the $12.50 zone.
Strong bullish candles after a consolidation range.
Breakout of minor consolidation range confirms momentum shift.
š§ Trade Management$OG
Move SL to breakeven after TP1 hits.
Monitor volume and candlestick strength near resistance zones.
Exit early if price rejects hard from $13.40 with high sell volume.
š Caption Example (For Sharing)
š OG/USDT Futures Long Setup (1H Chart)
š¹ Breakout above $13.10 confirms short-term reversal
š¹ Entry: $13.20 | SL: $12.85 | TP: $13.60 / $13.90
š¹ Risk-Reward: 1:2.5+
š Double bottom + bullish momentum shift$OG
š Always manage your risk ā let the setup come to you.
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