This one’s been hit hard enough. After the earlier fake breakout near the highs in $OPG , I felt something was off with the order book.

I had already been watching this area: when it tried to push up around 0.2047, there was no volume—yet as soon as it reached the key zone, clear sell pressure showed up. A lot of people see the price surge and still want to chase in; but the real change happened at the moment it pulled back. The price wasn’t quickly pulled back upward again, which suggests the supply of overhead holdings has started to loosen.

Now the current price is 0.1131. The short position is showing a floating profit of +879.16%, and there’s more room for movement. The most comfortable part of trading isn’t guessing the top—it’s following through when the high fails, especially in a downside move that breaks expectations, which often drags both the hesitation bids and the chase-long bids down together.

I don’t plan to fight this trade for long. I’ll take profit on 80% in batches first, and use the remaining 80% with a protective stop to see whether it can extend further. Profit isn’t the end—the key is protecting gains. During the pullback leg, any rebound can be very sharp; don’t hand the initiative back to the market. If you didn’t catch it, don’t short chase—wait patiently for the next high-conviction signal.

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