$OP 17% Rally Stalls at $0.113: Bulls Need This Signal
$OP ’s 17% weekly rally hit a wall at $0.1135, down 3.16% in the last 24 hours despite a week of ecosystem launches.
Dexscreener data shows trading volume spiked 41% during the rally, but has dropped 18% in the last 12 hours as buying pressure fades. Exchange net inflows hit 980,000 $OP in the past day, classic profit-taking at the local top, nothing fancy.
Don’t chase this dip. Wait for either a daily close above $0.115 with rising volume to confirm bullish continuation, or a drop below $0.11 with falling open interest to signal a clean washout. If you want to test strategies, the Halloween Pumpkin Frenzy ends today—use it to practice spot trades risk-free before the Spot Trading Tournament kicks off.
#Write2Earn #BinanceSquare #Optimism #SpotTrading #TradingTournament
$OP ’s 17% weekly rally hit a wall at $0.1135, down 3.16% in the last 24 hours despite a week of ecosystem launches.
Dexscreener data shows trading volume spiked 41% during the rally, but has dropped 18% in the last 12 hours as buying pressure fades. Exchange net inflows hit 980,000 $OP in the past day, classic profit-taking at the local top, nothing fancy.
Don’t chase this dip. Wait for either a daily close above $0.115 with rising volume to confirm bullish continuation, or a drop below $0.11 with falling open interest to signal a clean washout. If you want to test strategies, the Halloween Pumpkin Frenzy ends today—use it to practice spot trades risk-free before the Spot Trading Tournament kicks off.
#Write2Earn #BinanceSquare #Optimism #SpotTrading #TradingTournament
