๐ป $OP
| Setting up a short trade after price rejection!
$OP is showing signs of weakness after price was rejected from the resistance zone between $0.1450 and $0.1470, which could pave the way for a short-term downward correction.
๐ Trade details:
๐น Entry zone: $0.1369 โ $0.1410
๐ฏ First target: $0.1340
๐ฏ Second target: $0.1300
๐ฏ Final target: $0.12750
๐ Stop loss: $0.15000
๐ Expected scenario: As long as the price remains below the resistance zone and the recent high, selling pressure may continue toward the specified targets. A break above $0.1500, however, would invalidate this scenario and warrant reassessing the trade.
โ ๏ธ Wait for confirmation of rejection and continued selling pressure before entering, and adhere to capital management and your stop loss.
| Setting up a short trade after price rejection!
$OP is showing signs of weakness after price was rejected from the resistance zone between $0.1450 and $0.1470, which could pave the way for a short-term downward correction.
๐ Trade details:
๐น Entry zone: $0.1369 โ $0.1410
๐ฏ First target: $0.1340
๐ฏ Second target: $0.1300
๐ฏ Final target: $0.12750
๐ Stop loss: $0.15000
๐ Expected scenario: As long as the price remains below the resistance zone and the recent high, selling pressure may continue toward the specified targets. A break above $0.1500, however, would invalidate this scenario and warrant reassessing the trade.
โ ๏ธ Wait for confirmation of rejection and continued selling pressure before entering, and adhere to capital management and your stop loss.