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This price action made me reaffirm one thing: when weakness continues, the price usually doesn’t offer a very comfortable entry, but the details gradually become clear.
$OPN ’s opening position price at the time was 0.0886. What I was watching for was that each rebound height was lower than the last, indicating that the buy-side support above wasn’t strong. After the price moved to 0.0645, the downside feedback became increasingly clear, with a return rate of +1309.93%.
In my observations, you can’t just focus on instantaneous fluctuations in this kind of market—you also need to see whether the pace is steadily weakening. Some back-and-forth mid-way is normal; the key is not to let emotions affect your judgment.
After trading for so long, I’ve increasingly come to believe that maintaining your own pace matters more than chasing every single move.
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