They're calling this a dead cat bounce, but $OM /USDT's 4h chart tells a different story.
$OM - LONG
Trade Plan:
Entry: 0.055542 – 0.056578
SL: 0.052954
TP1: 0.059166
TP2: 0.060202
TP3: 0.062273
Why this setup?
Daily trend is bearish, but the 4H setup is signaling a LONG. RSI(15m) at ~45 shows room to run before overbought. Entry zone (0.0555-0.0566) offers a tight risk near the SL at 0.05295, targeting TP1 at 0.05917.
Debate:
Is this a genuine reversal play or just a bear market trap?
Click here to Trade 👇️