OPN Is Testing a Key Support Zone
$OPN has lost short-term momentum after rejecting from the recent high, but it's now approaching a support area. A hold above $0.0500 could trigger a relief bounce, while a breakdown may extend the correction.
Trade Setup
Direction: Long (on support hold)
Entry: $0.0500–$0.0506
TP1: $0.0520
TP2: $0.0540
TP3: $0.0560
Stop Loss: $0.0490
Wait for bullish confirmation near support before entering. If $0.0500 fails, avoid catching the falling price and protect your capital.
$OPN has lost short-term momentum after rejecting from the recent high, but it's now approaching a support area. A hold above $0.0500 could trigger a relief bounce, while a breakdown may extend the correction.
Trade Setup
Direction: Long (on support hold)
Entry: $0.0500–$0.0506
TP1: $0.0520
TP2: $0.0540
TP3: $0.0560
Stop Loss: $0.0490
Wait for bullish confirmation near support before entering. If $0.0500 fails, avoid catching the falling price and protect your capital.