$OP — Bullish Sentiment, Short-Term Bearish Setup

OP is trading with a market cap of $304.87M, and sentiment remains strongly bullish (83% / 43.8K votes). However, short-term structure tells a different story.

🔎 Setup Details

Model: SC02

Timeframe: M5

Status: Pending SHORT

Entry: Inside a High Volume Node (HVN), not impacted by weak zones

Estimated Stop-Loss: ~3.04%

📉 Trend Context

Downtrend currently in cycle 250

Downside amplitude: ~24.88%, suggesting room for continuation if momentum holds

⚖️ Takeaway

While higher-timeframe sentiment remains bullish, short-term price action favors a tactical short as long as the HVN rejection holds. Risk management is key given the broader bullish bias.

#OP #Crypto #PriceAction #AltcoinSeason

OP

0.1276

-7.93%