$OP USDT – SHORT-TERM BEARISH PULLBACK AFTER REJECTION🔥🔥

Price gave a sharp upside impulse but failed to hold above the recent high zone and is now showing clear rejection, indicating sellers stepping back in. The structure suggests this move was a liquidity grab rather than a sustained breakout, and the market is currently retracing toward a key demand area. As long as price remains below the rejection zone, downside continuation remains the higher-probability scenario.

Trade Setup:

Entry Range:

0.2790 – 0.2810

Target 1:

0.2765

Target 2:

0.2740

Target 3:

0.2710

Stop Loss (SL):

0.2850

Short Outlook of Market:

Momentum has shifted back to sellers after a failed push higher, and price is likely to continue correcting toward lower support levels before any meaningful bullish attempt resumes. Risk remains to the downside in the short term.