Trading OP Thoughts

Everyone might be familiar with this coin as well. When I first bought the spot, it was at 1.9, fluctuating around the position of 2.5. I never thought about trading its contracts before because I felt the time was too slow. I just looked, and now the highest is 2.59, with the resistance level at 2.62. The position is relatively high right now. From the Fibonacci retracement perspective, it is currently at a high-pressure position. If it wants to break through the 2.62 resistance level, then its oscillation range should be between 2.5-2.55. It is evident that every time it comes up, it basically goes down. This is also the highest position from the last surge. Moreover, from the hourly chart, two spikes have appeared above. Everyone can confidently short it. Without further ado, let’s get to the essentials. $OP

2.56-2.57 Short

2.63 Stop Loss (to prevent spikes)

2.2 Take Profit

Buckle up, let’s get rolling, brothers!