$OP compressing under resistance — breakout setup forming.
🟢 LONG $OP
Entry Trigger: Break and close above 0.1250
Entry Plan: Enter on pullback after breakout confirmation
Stop Loss: 0.1180
Target 1: 0.1350
Target 2: 0.1480
Target 3: 0.1650
$OP is facing clear resistance at 0.1250. Multiple rejections from this level confirm it as a supply cap. However, price is compressing beneath it, which typically builds breakout pressure.
A strong close above 0.1250 followed by a controlled pullback increases probability of continuation toward 0.1350 initially. If momentum expands, 0.1480 becomes the next objective, with 0.1650 acting as the higher timeframe liquidity target.
Failure to hold above 0.1250 after breakout, or a breakdown below 0.1180, would invalidate the bullish setup.
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