$OP Trade Setup: Multi-Timeframe Breakout
After a +24.0% daily surge to 0.159 USDT, $OP cleared its multi-week base with over 20M USDT in volume. Structure is firmly bullish on 4H and 1D timeframes.
• Entry Zone: 0.150 - 0.155 USDT (EMA retest)
• Invalidation (SL): 0.142 USDT
• Target 1: 0.175 USDT
• Target 2: 0.198 USDT
• R:R Ratio: ~3.2:1
RSI is resetting near 68 on 1H. Bidding shallow dips offers optimal risk-reward.
Are you bidding the retest or waiting for higher confirmation?
#Optimism #CryptoTrading #Altcoins
After a +24.0% daily surge to 0.159 USDT, $OP cleared its multi-week base with over 20M USDT in volume. Structure is firmly bullish on 4H and 1D timeframes.
• Entry Zone: 0.150 - 0.155 USDT (EMA retest)
• Invalidation (SL): 0.142 USDT
• Target 1: 0.175 USDT
• Target 2: 0.198 USDT
• R:R Ratio: ~3.2:1
RSI is resetting near 68 on 1H. Bidding shallow dips offers optimal risk-reward.
Are you bidding the retest or waiting for higher confirmation?
#Optimism #CryptoTrading #Altcoins