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$OPN (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.198 - 0.205
Targets:
TP1: 0.190
TP2: 0.182
P3: 0.168
Stop Loss: 0.223
Why this Setup:
I’m looking for a continuation short because OPN has already made a sharp impulse up and is now losing momentum below the local highs. I want to sell into the 0.198 - 0.205 area if price fails to reclaim strength, with room for a move back toward the recent support levels.T