Green candles are not strength: $OP is still fragile. ⚠️
Price is $0.1126, up 0.63% today and 1.2% in the latest 4h window. $3.41M volume sounds decent until you see it’s only 0.3x the 20d average.
I’ve been burned by moves like this. RSI sits at 49, MAs are chopping, and shorts are paying -0.009%. Interesting, not confirmation. $BNB has cleaner momentum.
At $0.12, I’d wait for volume before touching it. 👀
Watching how $OP reacts at $0.12?
#Optimism #Ethereum #L2
Price is $0.1126, up 0.63% today and 1.2% in the latest 4h window. $3.41M volume sounds decent until you see it’s only 0.3x the 20d average.
I’ve been burned by moves like this. RSI sits at 49, MAs are chopping, and shorts are paying -0.009%. Interesting, not confirmation. $BNB has cleaner momentum.
At $0.12, I’d wait for volume before touching it. 👀
Watching how $OP reacts at $0.12?
#Optimism #Ethereum #L2