$OPN

OPNUSDT

Perp

0.1773

-6.14%

Bearish Continuation Setup

Long liquidations at $0.240 show declining buyer strength and potential downward extension.

Support: $0.225 – $0.230

Resistance: $0.250 – $0.260

Insight: Price is struggling to hold higher levels, indicating sellers are gaining control.

Trade Plan:

Entry (Sell): $0.242 – $0.248

Stop Loss: $0.262

Targets: $0.230 → $0.220 → $0.205

Next Move: Breakdown below $0.230 could accelerate the drop.

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