$OP /USDC BEARISH PRESSURE INTENSIFIES – BREAKDOWN CONTINUATION IN PLAY
$OP /USDC remains under heavy selling pressure, trading at 0.1300 and holding below all key moving averages (MA7: 0.1361, MA25: 0.1376, MA99: 0.1428). The sharp -18% daily decline confirms strong distribution, while MACD stays negative (DIF below DEA) — signaling sustained downside momentum. Volume expansion during the drop strengthens the bearish continuation case. Unless bulls reclaim 0.1380+, further downside is likely.
🔎 Trade Setup
Entry Zone: 0.1315 – 0.1345 (Weak bounce into resistance cluster)
Take Profit 1: 0.1275
Take Profit 2: 0.1220
Take Profit 3: 0.1150
Stop Loss: 0.1398
Ideal scenario: rejection near MA7/MA25 resistance for optimal risk-to-reward positioning.
📊 Short Market Outlook
Structure shows consistent lower highs and strong rejection from 0.1380–0.1430 supply zone. Immediate support rests at 0.1278 (24h low). A clean breakdown below 0.1275 opens the path toward 0.1220 and deeper liquidity near 0.1150. As long as price remains below MA99 (0.1428), bears maintain full structural control.
Momentum favors continuation until proven otherwise.
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