OP · 1H · DOWNTREND

The previous short from Aug 30 hit Target 1 at 0.0855 — that move is complete. What I'm looking at now is a completed flush followed by a sharp recovery: price ripped from the 0.0855–0.0880 lows all the way up to 0.1120–0.1140, printed a swing high, and has since rolled back down to 0.1027. That recovery made a higher low relative to the Aug flush, but the current structure is a clear lower high forming off the Sep 5–6 swing top — price is now in a descending sequence from 0.1140, and the bounce off 0.0880 looks like it may already be exhausted. The liquidation cluster at 0.1043 is sitting directly above current price and is the first magnet the bears need to defend. I'm not chasing this lower — I want to see that cluster get tagged and rejected before I lean short, because the bounce from the lows was aggressive enough that a squeeze through 0.1043 into 0.1106 is entirely possible if longs hold their ground here.

The news context is irrelevant to OPUSDT — the headlines reference OP Bancorp and Coforge, neither of which has any structural connection to this token's price action. Pure technicals and derivatives.