Short $OP : open interest +9.5% in 24h while price dropped 6.5% 👀
If the 0.131 level holds, sellers stay in control. Break 0.133 and shorts might get squeezed.
The read:
- 4H price at 0.131 below EMA50 at 0.133, trend favors sellers
- 1H RSI at 38 shows neutral momentum, room to roll over
- Risk 1.9% to SL vs 3.1% to TP3, about 1.6R if it plays out
🔴 SHORT · Entry 0.1305–0.1309 · TP 0.1292 / 0.1282 / 0.1267 · SL 0.1332
Hold the line or break higher?
NFA · DYOR
If the 0.131 level holds, sellers stay in control. Break 0.133 and shorts might get squeezed.
The read:
- 4H price at 0.131 below EMA50 at 0.133, trend favors sellers
- 1H RSI at 38 shows neutral momentum, room to roll over
- Risk 1.9% to SL vs 3.1% to TP3, about 1.6R if it plays out
🔴 SHORT · Entry 0.1305–0.1309 · TP 0.1292 / 0.1282 / 0.1267 · SL 0.1332
Hold the line or break higher?
NFA · DYOR
