$OP Trading Strategy Update

🔎 Key Insight:

A long liquidation of $5.0717K occurred at $2.02771, signaling bearish momentum and a break in bullish confidence. However, this could create a recovery opportunity if the price stabilizes near support.

📈 Next Move - Buy Zone, Target & Stop Loss

1️⃣ Buy Zone:

Enter within $2.010 - $2.030. This range is close to potential support and offers a favorable entry for a bounce.

2️⃣ Target Levels:

Target 1: $2.060 (initial resistance)

Target 2: $2.090 (mid-level target)

Target 3 (Stretch Goal): $2.120

3️⃣ Stop Loss:

Set a stop loss at $1.990 to protect against further downside if the price breaks below support.

💡 Strategy Insights:

Volume Confirmation: Monitor for increased buying volume near $2.020 to confirm the likelihood of a recovery.

Risk Management: Use only a portion of your capital, and ensure a balanced risk-to-reward ratio.

Market Trends: Keep an eye on broader market sentiment, as it may significantly influence $OP ’s movement.

🚨 Pro Tips for Success:

Wait for Confirmation: Enter only if the price stabilizes or shows signs of reversal in the buy zone.

Secure Partial Profits: Lock in gains at $2.060 and $2.090 while holding some for the stretch target of $2.120.

Set Alerts: Use price alerts for $2.030 and $2.060 to track key levels easily.

Stay disciplined, stick to your strategy, and manage risks wisely. Patience and consistency are the keys to successful trading!

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