$OP /USDT – Short-Term Trade Insight (30m)

OP is trading around $0.326, pulling back slightly after a strong impulsive push into local highs. Momentum remains constructive, but price is now at a decision zone.

Current Range

Range Low: $0.308–0.312

Range High: $0.326–0.328

Price is consolidating just below the range high after expansion.

Key Levels

Support: $0.320–0.318 (prior breakout + MA support), then $0.312

Resistance: $0.328–0.330 (local high), clean break opens $0.340+

Market Signals

MA(7) > MA(25) > MA(99) → bullish short-term structure intact.

Strong impulsive leg from $0.312 shows aggressive buyers.

Current pullback is shallow → suggests healthy continuation, not distribution.

Volume expanded on the breakout, now cooling — typical consolidation behavior.

Trade Scenarios

Long Continuation:

Look for price to hold above $0.320–0.322.

Targets: $0.328 → $0.340

Invalidation: Close below $0.318.

Rejection / Rotation:

Failure to reclaim $0.328 may rotate price back toward $0.320–0.315 support.

Bias Bullish while above $0.318. Trend continuation favored unless support breaks.

Momentum is strong — wait for confirmation on the pullback, don’t chase the spike.

$OP

OP
OP
0.1837
-3.16%