【$OP Signal】Empty position, wait for downward momentum confirmation
$OP Price decline accompanied by high trading volume, market logic suggests considering open interest to determine whether it is a long liquidation or main force distribution. The current chart shows clear selling pressure, lacking signs of healthy reset or buy absorption.
🎯 Direction: Empty position
Wait for price action to provide a clearer structure. If open interest rises simultaneously, the downtrend may continue; if open interest decreases, it could be a short-term fluctuation caused by long liquidation. Currently no clear entry setup, patience and observation are advised.
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【$OP Signal】Empty position, wait for downward momentum confirmation
$OP Price decline accompanied by high trading volume, market logic suggests considering open interest to determine whether it is a long liquidation or main force distribution. The current chart shows clear selling pressure, lacking signs of healthy reset or buy absorption.
🎯 Direction: Empty position
Wait for price action to provide a clearer structure. If open interest rises simultaneously, the downtrend may continue; if open interest decreases, it could be a short-term fluctuation caused by long liquidation. Currently no clear entry setup, patience and observation are advised.
Trade 👇 $OP
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