⚠️ $OP /USDT – Heavy Bullish Positions Wiped!
💥 Long-Side Flush: $50,681 at $0.6656
💰 Current Price: $0.6721
📈 24H High: $0.6944
📉 24H Low: $0.6518
📊 Market Structure:
$OP just saw a major reset as over $50K in long positions were wiped out near $0.665. This sharp move shook out weak hands and brought price back toward a high-confluence zone.
📌 Trade Setup (Bounce Scenario):
• Entry Zone: $0.664 – $0.673
• TP1: $0.688
• TP2: $0.705
• TP3: $0.728
• Stop Loss: $0.654
🔥 Why This Trade Matters:
A large flush like this often clears the path for a healthier recovery.
If buyers defend above $0.665, momentum could return quickly.
💡 Pro Tip: Watch for strong engulfing candles on the 1H chart with increasing volume—key for bounce confirmation.