$OP is up 19.58% on the week and 43.75% on the month, and it's beating $BTC by 18.9 points over 7 days. that's a leader, and leaders get bought on dips.
the screener scored it 10 out of 14. daily RSI is 58, so it's warm but nowhere near cooked. volume over the last 5 days is running 1.37x the 20 days before it, and the daily MACD histogram is positive. that's buyers showing up with size, not a thin pop.
it printed a 24h high of $0.1625 and still sits near the top of that range. i'd rather buy strength like that than try to fade it. the screener is a measurement, not a guarantee, so the level below matters.
$OP trades at $0.1465 right now. if it holds the 20-day mean at $0.1361, i think it pushes back toward yesterday's high at $0.161, about 9.2% away. if it loses $0.1361, i'm wrong on this and there's nothing to defend. anyone long would be handing back roughly 7.7% from here.
holding $0.1361 or losing it?
follow me for more calls like this.
the screener scored it 10 out of 14. daily RSI is 58, so it's warm but nowhere near cooked. volume over the last 5 days is running 1.37x the 20 days before it, and the daily MACD histogram is positive. that's buyers showing up with size, not a thin pop.
it printed a 24h high of $0.1625 and still sits near the top of that range. i'd rather buy strength like that than try to fade it. the screener is a measurement, not a guarantee, so the level below matters.
$OP trades at $0.1465 right now. if it holds the 20-day mean at $0.1361, i think it pushes back toward yesterday's high at $0.161, about 9.2% away. if it loses $0.1361, i'm wrong on this and there's nothing to defend. anyone long would be handing back roughly 7.7% from here.
holding $0.1361 or losing it?
follow me for more calls like this.