Lower High Formation on $OPN USDT Short Bias
Short OPN/USDT
Entry: 0.1980 & 0.2000
SL: 0.2048
TP1: 0.1920
TP2: 0.1880
TP3: 0.1853
OPN has shifted from an impulsive move into a clear lower high formation after rejection near 0.2040. Price is now compressing below resistance with weak bullish follow-through, indicating momentum loss. As long as price remains capped under 0.2048, this structure favors a downside continuation targeting the imbalance below.