I almost bought $OP today. Then I checked the volume
Only 2.5M dollars traded in twenty four hours
That book is too thin for any real size
Volume is 1.6x average but liquidity just is not there
Exits will hurt when the order book thins out
I need an hourly close and hold above 0.09730 first
Or a clean pullback that holds 0.09200 and bounces
It could keep running without me today
A bad entry costs more than a missed move
Chasing $OP here or waiting for 0.09200
#OP #RiskManagement
Only 2.5M dollars traded in twenty four hours
That book is too thin for any real size
Volume is 1.6x average but liquidity just is not there
Exits will hurt when the order book thins out
I need an hourly close and hold above 0.09730 first
Or a clean pullback that holds 0.09200 and bounces
It could keep running without me today
A bad entry costs more than a missed move
Chasing $OP here or waiting for 0.09200
#OP #RiskManagement