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$OPN (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 0.1980 - 0.2050
Targets:
TP1: 0.1900
TP2: 0.1760
TP3: 0.1620
Stop Loss: 0.2185
Why this Setup:
I’m seeing price reject after a strong impulse move, and I want to fade the weakness while it stays below the recent supply zone. I’ll look for continuation lower as long as OPN keeps failing to reclaim the 0.21 area, with the prior breakout zone acting as resistance.