Judging from earlier performance, the “false rebound” style of
$OPN was quite obvious. It failed to keep going after being pushed up, and instead kept sinking lower and lower. At this kind of position, I generally stay more alert to bullish exhaustion.
This time, going long was not a spur-of-the-moment decision. After a signal was given around 0.0886, I focused on whether the price could regain volume and hold steady. As it turned out, the current price came to 0.0613, and the +1478.43% also released accordingly—so the short-side timing was essentially confirmed.
My trading habit is: during th