Everyone is panicking about this $OPN ‌ drop but they’re missing the bigger picture.


That massive wick up to 0.60 was a clear liquidity grab and now we are seeing the expected cool down. We are currently sitting at 0.30 after a 5% dip today.
The chart is brand new so there isn't much history to go on, but holding the 0.27 level is going to be the make or break point for this week. If it bounces here, we could see a steady climb back to 0.45. If it fails, 0.18 is the next logical stop.
Volume is still decent at 33M USDT so the interest hasn't died out yet. I’m just watching the 1D candle close to see if the selling pressure is finally exhausting itself.
I'm staying on the sidelines until the volatility settles a bit.

#CryptoMarketsDipSlightly
OPN2,88%
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