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$OPN | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.0620 to 0.0627
Stop Loss: 0.0640
Targets:
TP1: 0.0608
TP2: 0.0595
TP3: 0.0584
Invalidation:
Close above 0.0640
Why This Setup:
I see a failed bounce after a sharp selloff, and price is now retesting the 0.0620 area from below. As long as this level holds as resistance, I expect another move toward the recent lows and liquidity below.