ODOS/USDT 2H Chart – Bullish Reversal Setup from Demand Zone witAsset: ODOS/USDT
Timeframe: 2H
Current Price: 0.005070
EMAs:
200 EMA (blue): 0.006703
30 EMA (red): 0.005546
🟩 Trade Setup (Long Position)
Entry Zone: Around 0.004778
Stop Loss: Below support at 0.004229
Target 1 (TP1): 0.006082
Target 2 (TP2): 0.007054
📈 Risk-to-Reward & Potential
TP1 Gain: ~27.3%
TP2 Gain: ~47.36%
This is a high R:R trade from a key demand zone after a strong downtrend, suggesting a possible reversal.
🔧 Key Observations
Price is bouncing off a demand zone (highlighted in purple).
If buyers maintain control and break above the 30 EMA, a move toward the first resistance zone is likely.
Watch for:
Bullish candlestick patterns at the entry level
Break and retest of the 0.0055–0.0060 zone for confirmation
✅ Strategy Summary
This setup suggests a reversal long trade from strong support with good upside potential. The targets are layered, allowing partial take-profits or scaling based on momentum.