#l2analysis
l2analysis
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A bearish structure shift is unfolding for $OP 🔴
Entry: 0.1085
Target: 0.0995
Stop Loss: 0.1165
Price action around the resistance zone has been weak, with $OP failing to sustain higher prices and forming lower highs amidst increasing sell volume. This bearish divergence is also visible on the RSI, further solidifying the case for a high-conviction short trade.
Not financial advice. Manage your risk.
#OP #ShortSetup #L2Analysis
⚠️
Entry: 0.1085
Target: 0.0995
Stop Loss: 0.1165
Price action around the resistance zone has been weak, with $OP failing to sustain higher prices and forming lower highs amidst increasing sell volume. This bearish divergence is also visible on the RSI, further solidifying the case for a high-conviction short trade.
Not financial advice. Manage your risk.
#OP #ShortSetup #L2Analysis
⚠️
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