OSMOUSDT Trade Setup (92% Long Probability Printed on the Chart)Market Structure
The probability algorithm has printed 92% Long Probability the Chart coupled with RSI and trend breakout.
Price has been moving in a downward channel, indicating a longer‑term downtrend. However, there may be signs of a potential base forming near the lower boundary of the channel.
The recent price action around the 0.30–0.31 region could be an attempt to stabilize or stage a bounce.
Entry
Entry at CMP: Enter a long position around the current market price (near 0.30).
Stop Loss
Place your stop loss below the recent swing low or below the lower boundary of the channel to protect against a false breakout or further downside.
For instance, a stop loss around 0.26–0.27 provides a buffer below the local lows. Adjust slightly based on your risk tolerance.
Take Profit Targets
Because the market has been trending downward, it’s wise to scale out of the position at multiple targets. This way, you can lock in gains if the bounce remains limited, while still benefiting if the trend truly reverses.
Target 1: 0.34–0.35 (near the midline of the descending channel or a prior support/resistance zone).
Target 2: 0.38–0.40 (a stronger resistance area from earlier consolidation).
Target 3: 0.45+ (if price shows significant strength and breaks above the upper channel boundary).
Trade Management
Position Sizing: Use a position size that keeps your account risk manageable—many traders risk no more than 1–2% of their capital on a single trade.
Adjusting the Stop: If price moves favorably and breaks above short‑term resistance, consider moving your stop loss to breakeven or just below a new higher low.
Partial Profit‑Taking: Take partial profits at each target level and move your stop loss to secure gains.
