๐ป $OP / USDT โ Bearish Breakdown Loading?
$OP is under serious pressure after failing to hold post-rally gains. A clear lower-high structure is forming, and price action is hugging the key $0.580 support. If that breaks, bears may take full control โ opening the door for a clean downside move. ๐งจ
๐ธ Short Trade Setup
Entry Zone:
๐ $0.580 โ $0.585 (Breakdown entry or retest rejection)
Stop Loss:
โ $0.598 (Above last lower high & invalidation level)
Targets:
๐ฏ TP1: $0.565
๐ฏ TP2: $0.552
๐ฏ TP3: $0.520 โ
๐ Strategy Insight:
This is a momentum-based short targeting continuation from a failed bullish rally. Risk is defined just above the last failed high. Bears remain in control unless $0.598 is reclaimed โ which would invalidate the setup. Ideal for short-term scalpers and breakdown traders.
๐ Key Confirmation:
Break and close below $0.578 with volume = strong bearish signal.
Any sustained move above $0.598 = exit the short.