$OP #OP Buy-side support is still holding, so go with the trend on strong coins.
Candlestick timeframe: 1h
My bias: Bullish (trade with the trend only; don’t fight the market sentiment)
$OP #OP Execution: Buy on a pullback, and wait for confirmation at key levels before increasing position size.
Key rationale: 1) OPUSDT is up 18.268% over 24h, with a current price of around 0.145390 and 24h trading volume of around 67.35M; 2) The 1h close rose from 0.143880 to 0.145390, and short-term momentum is still pushing higher. 3) The 4h close rose from 0.141120 to 0.145330. Open interest is currently around 148.30M, and the funding rate is around 0.0100%, favoring continued trend strength.
Risk control: If the 1h price breaks below 0.142800 and continues lower, the bullish bias is invalidated.
$OP #OP Closing note: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.
Candlestick timeframe: 1h
My bias: Bullish (trade with the trend only; don’t fight the market sentiment)
$OP #OP Execution: Buy on a pullback, and wait for confirmation at key levels before increasing position size.
Key rationale: 1) OPUSDT is up 18.268% over 24h, with a current price of around 0.145390 and 24h trading volume of around 67.35M; 2) The 1h close rose from 0.143880 to 0.145390, and short-term momentum is still pushing higher. 3) The 4h close rose from 0.141120 to 0.145330. Open interest is currently around 148.30M, and the funding rate is around 0.0100%, favoring continued trend strength.
Risk control: If the 1h price breaks below 0.142800 and continues lower, the bullish bias is invalidated.
$OP #OP Closing note: The direction is clear; execution comes down to discipline. For reference only; this is not investment advice.