OPN is testing a bearish swing after a sharp 4% drop, and the market is eyeing the 1.38 level as resistance. Liquidity appears to be drying up as sellers dominate the order flow.
đ´ $OPN SHORT đ â Trade Plan
⢠Entry: $0.061608 â $0.061732
⢠Stop: $0.063520 (-3.0%)
⢠Target 1: $0.060745 (+1.5%)
⢠Target 2: $0.058586 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The price broke a clear change of character on the 4âhour chart, flipping the swing high into a lower low while the CVD turned negative, confirming the sell pressure. An order block sits right at the breakout zone and overlaps a fair value gap, creating a POI that the recent liquidity sweep ripped through. With the structure now in a downtrend, the short bias feels concrete.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to protect equity.
Take half off the table at the first target around 1.30 to lock in riskâreward.
DYOR â this isn't financial advice, size your risk accordingly đ
$OPN #OPNUSDT #koreaproposestokenizingstocksandbonds #TradingSignals #Write2Earn
đ´ $OPN SHORT đ â Trade Plan
⢠Entry: $0.061608 â $0.061732
⢠Stop: $0.063520 (-3.0%)
⢠Target 1: $0.060745 (+1.5%)
⢠Target 2: $0.058586 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The price broke a clear change of character on the 4âhour chart, flipping the swing high into a lower low while the CVD turned negative, confirming the sell pressure. An order block sits right at the breakout zone and overlaps a fair value gap, creating a POI that the recent liquidity sweep ripped through. With the structure now in a downtrend, the short bias feels concrete.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to protect equity.
Take half off the table at the first target around 1.30 to lock in riskâreward.
DYOR â this isn't financial advice, size your risk accordingly đ
$OPN #OPNUSDT #koreaproposestokenizingstocksandbonds #TradingSignals #Write2Earn