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OPN just reclaimed $0.055… but is this the part of the move most people are missing?
The structure has quietly improved a lot. After finding a base around $0.0421, OPN started printing higher lows, reclaimed the daily Supertrend at $0.0429, and is now pushing into the $0.0584 resistance area.
I like the recovery here, but I wouldn’t chase the current candle.
Key levels:
• Resistance: $0.0584 → $0.0610 → $0.0649
• Support: $0.053 → $0.0510 → $0.0460
• Trend support: $0.0429
Cleaner setup:
🟢 Entry: $0.0515–$0.0540 on a healthy retest
🛑 SL: $0.0490
🎯 TP1: $0.0584
🎯 TP2: $0.0610
🎯 TP3: $0.0649
The order book is actually leaning constructive too, with 54.97% bids vs 45.03% asks.
A clean daily close above $0.0584 would make the next resistance zone around $0.061–$0.065 much more interesting.
Bias: constructive while $0.0510 holds.
$TSLA