$OPN is showing a high-impact bearish setup, with 2 short sequences totaling $33k (0.465%). In a $7M daily volume environment, this level of participation is significant and suggests strong selling intent.
The relative percentage is the key factor here. A 0.465% cumulative impact is large enough to influence direction, especially in a mid/low liquidity market. This indicates that sellers are not just probing — they are actively positioning.
Price at 0.1888 is under pressure, and if continuation follows, this setup can extend into a deeper downside move.
Market Bias: Bearish
Entry (Short):
Look for continuation entries on pullbacks or breakdown confirmation
Targets (TP):
TP1: 0.1800
TP2: 0.1680
TP3: 0.1550
Stop Loss (SL):
Above 0.1980 (invalidates bearish structure)
Risk Management:
This is a stronger setup, but still avoid chasing; wait for structure and manage risk strictly
