📊 $OP USDT Market Update

Trade Type: Intraday SHORT (Bearish Continuation)

Current Price: 0.1375

24H Change: -22.97%

Entry Zone: 0.137 – 0.140

Immediate Resistance: 0.140 – 0.142

Major Resistance: 0.148

Targets:

TP1: 0.1340

TP2: 0.1310

TP3: 0.1280

Stop Loss: 0.1435

Market Structure:

Strong bearish trend with consistent lower highs & lower lows.

Price trading below MA(25) and far below MA(99) → Downtrend dominant.

Recent bounce from 0.1342 looks like weak relief, not reversal.

Volume spikes on red candles confirm selling pressure.

Bearish Scenario:

Rejection near 0.139–0.142 can push price back toward 0.131 zone.

Break below 0.1342 may trigger further downside continuation.

Bullish Scenario:

Strong breakout and close above 0.148 with volume needed for trend shift.

Sustained move above MA(25) required to regain momentum.

Market View:

Trend remains bearish.

Short setups favored on pullbacks until structure changes.

👉 Manage risk properly. $OP

OP
OP
0.1272
-7.35%

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