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$OPN (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.304 - 0.313
Targets:
TP1: 0.288
TP2: 0.276
TP3: 0.260
Stop Loss: 0.320
Why this Setup:
I’m looking for a short on a failed continuation after the sharp rally, since price is stretched into resistance and may retrace back into the prior breakout area. I want rejection from the 0.30-0.31 zone, with downside room toward the recent support levels.