$OPN has already experienced an aggressive expansion phase, moving from the $0.1000$ liquidity base toward the $0.6000$ session high. After this impulsive move, price entered a corrective structure and is now trading near $0.3724$. On the 15m structure, the market is forming a higher low sequence after absorbing selling pressure from the $0.3980$ rejection zone.
The recent pullback from $0.3980$ shows profit taking rather than structural breakdown. Buyers stepped in above the $0.3600$ liquidity pocket, preventing a deeper retracement. This area now acts as the primary intraday support where demand has previously appeared.
If price holds above this zone and reclaims the short term resistance cluster, continuation toward the upper liquidity range becomes the higher probability scenario.
EP (Entry Price)
$0.3750$
TP
$0.4050$
$0.4450$
$0.4980$
SL
$0.3480$
The current trend remains bullish on the intraday structure, with price continuing to print higher lows despite the rejection at $0.3980$. This indicates buyers are still defending the underlying demand zone.
Momentum is stabilizing after the correction, and consolidation above $0.3600$ suggests accumulation rather than distribution. When markets compress after a pullback inside an uptrend, the next expansion often targets the previous liquidity highs.
If $OPN $ successfully breaks and holds above $0.4000$, buy-side liquidity above the recent high becomes exposed, making a continuation toward $0.4450$ and higher targets structurally likely.
#MarketRebound #AIBinance #KevinWarshNominationBullOrBear #NewGlobalUS15%TariffComingThisWeek #USADPJobsReportBeatsForecasts
The recent pullback from $0.3980$ shows profit taking rather than structural breakdown. Buyers stepped in above the $0.3600$ liquidity pocket, preventing a deeper retracement. This area now acts as the primary intraday support where demand has previously appeared.
If price holds above this zone and reclaims the short term resistance cluster, continuation toward the upper liquidity range becomes the higher probability scenario.
EP (Entry Price)
$0.3750$
TP
$0.4050$
$0.4450$
$0.4980$
SL
$0.3480$
The current trend remains bullish on the intraday structure, with price continuing to print higher lows despite the rejection at $0.3980$. This indicates buyers are still defending the underlying demand zone.
Momentum is stabilizing after the correction, and consolidation above $0.3600$ suggests accumulation rather than distribution. When markets compress after a pullback inside an uptrend, the next expansion often targets the previous liquidity highs.
If $OPN $ successfully breaks and holds above $0.4000$, buy-side liquidity above the recent high becomes exposed, making a continuation toward $0.4450$ and higher targets structurally likely.
#MarketRebound #AIBinance #KevinWarshNominationBullOrBear #NewGlobalUS15%TariffComingThisWeek #USADPJobsReportBeatsForecasts