$OPN bulls preparing big shot

Long $OPN

Entry: 0.0638 – 0.0648
SL: 0.0605

TP1: 0.0660
TP2: 0.0675
TP3: 0.0690
TP4: 0.0710

Why:

$OPN is consolidating after a strong recovery from 0.06001, currently trading around 0.06510 on the 15M chart. Price is holding above MA7 at 0.06500, MA25 at 0.06491, and MA99 at 0.06316, keeping the broader short-term structure bullish. Immediate resistance sits at 0.06611, the recent high. A convincing 15M close above this level with stronger volume could open the way toward 0.0675 and higher targets. However, MACD is slightly bearish, with DIF at 0.00019 below DEA at 0.00022 and a marginally negative histogram, suggesting momentum is currently cooling. Open Interest stands near 70.3M, with OI notional around 4.57M. The preferred entry zone is 0.0645–0.0650, ideally after support holds on a pullback.

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