$OP USDT is plunging hard! 😱 Down -21.35% in the last 24 hours to 0.1477 USDT on Binance perpetuals, after hitting a high of 0.1896. This altcoin is in deep bear territory, but oversold signals are flashing 🔥
Chart breakdown:
Price smashed through all key EMAs (8 at 0.1767, 13 at 0.1866, 21 at 0.2029) and keeps bleeding lower.
RSI(6) at 15.57 & RSI(14) at 24.06 — extremely oversold, screaming potential bounce or exhaustion.
Stochastic showing K:24.79, D:38.84, J negative — momentum is weak but could flip soon.
SHORT TRADE FORECAST (high conviction bearish continuation expected):
Open SHORT
$OP USDT now around 0.1477
🎯 Take Profit 1: 0.1300 (first major support zone)
🎯 Take Profit 2: 0.1200 (deeper target if momentum holds)
🛑 Stop Loss: 0.1580 (above recent swing high & EMA cluster for protection)
Volatility is wild with 587M OP volume in 24h — perfect for futures action! Don't miss this move.
Trade OPUSDT Now! Short the dip or wait for reversal — but act fast! Follow & turn 🔔 on ✅ for more killer setups!
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