Hey everyone
Selling pressure is still weighing on $OP
The price is around $0.1183, down approximately 8.75% over the past five days. RSI is trying to recover, but MACD remains weak and trading volume is still below average.
The $0.1174 level is important in the short term. If this support fails, $0.1110 and $0.1080 could come into focus.
On the upside, OP needs to reclaim $0.1248 first, followed by $0.1316. However, a price increase alone is not enough. Rising volume would make the recovery more convincing.
For now, it is too early to call a clear trend reversal. Whether support holds and buyers return with strength will be key to OP’s next move. #EarningsSeason
Not financial advice.
Selling pressure is still weighing on $OP
The price is around $0.1183, down approximately 8.75% over the past five days. RSI is trying to recover, but MACD remains weak and trading volume is still below average.
The $0.1174 level is important in the short term. If this support fails, $0.1110 and $0.1080 could come into focus.
On the upside, OP needs to reclaim $0.1248 first, followed by $0.1316. However, a price increase alone is not enough. Rising volume would make the recovery more convincing.
For now, it is too early to call a clear trend reversal. Whether support holds and buyers return with strength will be key to OP’s next move. #EarningsSeason
Not financial advice.