$OP Bulls Are Losing Momentum After a Sharp Rally đ
Short $OP (DCA Entries)
EP1: 0.1500 â 40%
EP2: 0.1570 â 30%
EP3: 0.1620 â 30%
SL: 0.185
TP1: 0.1470
TP2: 0.1420
TP3: 0.1360
TP4: 0.1300
Why:
OP faced rejection near 0.16238 and is pulling back toward MA25 (0.15011) after a strong rally. Price is below MA7 (0.15314), while MACD has turned negative, signaling weakening short-term momentum. Rising OI alongside elevated volume suggests increased market activity. A break below 0.1500 could expose 0.1470 and 0.1420.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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Short $OP (DCA Entries)
EP1: 0.1500 â 40%
EP2: 0.1570 â 30%
EP3: 0.1620 â 30%
SL: 0.185
TP1: 0.1470
TP2: 0.1420
TP3: 0.1360
TP4: 0.1300
Why:
OP faced rejection near 0.16238 and is pulling back toward MA25 (0.15011) after a strong rally. Price is below MA7 (0.15314), while MACD has turned negative, signaling weakening short-term momentum. Rising OI alongside elevated volume suggests increased market activity. A break below 0.1500 could expose 0.1470 and 0.1420.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
đ©DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#