$OP around 0.1025 USD: slightly positive funding, 4h RSI at 40 — confirmation signal or warning?

Binance Futures data at 13:00 on 07/11/2026 shows $OP trading around 0.1025 USD, down over 24 hours, with the 4h RSI at 40 and slightly positive funding of 0.0053%. This picture leans toward caution rather than confirming an uptrend, while thin liquidity is something to watch.

Price and volume: selling pressure dominates
According to the Binance Futures snapshot at 13:00 on 07/11/2026, $OP was trading around 0.1025 USD, down 3.9% over 24 hours. 24-hour trading volume was only around 0.02 billion USDT — a small figure compared with major pairs, reflecting thin liquidity. Against a backdrop of BTC around 75861 USD, down 0.2% over 24 hours; ETH around 2241 USD, up 0.1%; and SOL around 89.73 USD, down 0.5%, the fact that $OP fell more sharply than the broader market…

Funding and RSI: signs of slight divergence
Funding for $OP is positive at 0.0053%, meaning longs are still paying fees to shorts. This level is not extreme, but alongside the price decline, it indicates that some long positions are still being held and their holders are willing to pay the fee. The 4h RSI is at 40 and the 1h RSI is at 36 — both below the neutral zone, but not yet deep in oversold territory. In other words, momentum is weak, but there is no clear technical reversal signal yet.…

Contrary scenario: If OP liquidity thins and the price loses its short-term support zone, the current structure is no longer valid.

Source: Binance Futures (20:00 07-11)

This technical analysis is for educational purposes only and is not investment advice. Cryptocurrency trading carries high risk, and you could lose all your capital. Do your own research and take responsibility for your decisions.

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