$OP : Critical Resistance Test: $OP Preparing to Surge Higher
LONG SETUP OP
Entry: $0.12060 - $0.12080
Stop Loss: $0.11587
Take Profit: $0.13036 (2R)
Key Levels: Support $0.12130 | Resistance $0.12910
Technical Analysis for $OP : OP is trading just above the 9EMA and holds a bullish MACD histogram (+0.00026) with RSI at 58.8. The 1hour support sits near 0.1213, offering a pullback entry around 0.12060.1208. Stop loss below 0.1165 and target 0.1291 gives a 2R setup. A break under 0.119 would invalidate the long trade.
Market Context: BTC up 0.73% on the day, market breadth broadly positive with 72.9% green assets, supporting riskon sentiment.
LONG $OP
LONG SETUP OP
Entry: $0.12060 - $0.12080
Stop Loss: $0.11587
Take Profit: $0.13036 (2R)
Key Levels: Support $0.12130 | Resistance $0.12910
Technical Analysis for $OP : OP is trading just above the 9EMA and holds a bullish MACD histogram (+0.00026) with RSI at 58.8. The 1hour support sits near 0.1213, offering a pullback entry around 0.12060.1208. Stop loss below 0.1165 and target 0.1291 gives a 2R setup. A break under 0.119 would invalidate the long trade.
Market Context: BTC up 0.73% on the day, market breadth broadly positive with 72.9% green assets, supporting riskon sentiment.
LONG $OP