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🎖️$OPN | Short Setup (Pullback Trade) $OPN
Entry: 0.245 – 0.255
Stop Loss: 0.275
TP1: 0.220
TP2: 0.195
TP3: 0.165
$OPN is trading near the 0.25 resistance region after a strong rally, making it vulnerable to a short-term pullback. Price appears extended, and momentum is beginning to slow as traders take profits near a key supply zone.
If the 0.245–0.255 area continues to reject price, a corrective move toward lower liquidity levels around 0.220 and 0.195 becomes increasingly likely. A breakdown below short-term support could accelerate bearish momentum and open the path toward the 0.165 target.
The pullback setup remains valid while price stays below the 0.275 stop-loss level. A decisive breakout above resistance would invalidate the bearish thesis and favor further upside.#OKXOrbitTopics


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