Short $OP : watching the 0.1214–0.1219 zone on the 4H 👀
Sellers need to defend here. If they do, I'm expecting a move down to 0.120 or lower.
Why this level:
- 4H price at 0.122, below EMA50 at 0.130; trend favors sellers.
- Daily below EMA200 at 0.130; bigger trend aligns with short idea.
- BTC short-term trend bearish; provides a tailwind for this setup.
🔴 SHORT · Entry 0.1214–0.1219 · TP 0.1199 / 0.1187 / 0.1170 · SL 0.1245
NFA · DYOR
Sellers need to defend here. If they do, I'm expecting a move down to 0.120 or lower.
Why this level:
- 4H price at 0.122, below EMA50 at 0.130; trend favors sellers.
- Daily below EMA200 at 0.130; bigger trend aligns with short idea.
- BTC short-term trend bearish; provides a tailwind for this setup.
🔴 SHORT · Entry 0.1214–0.1219 · TP 0.1199 / 0.1187 / 0.1170 · SL 0.1245
NFA · DYOR