$OPG at $0.0863... is this the kind of shakeout that sets up a mean reversion pop, or just more pain? 👀
Down 10% today, 4h RSI is 29, and the tape is ugly with price still under the 20d and 50d MA.
But the volume is 5.8x the 20d average, so this is not dead. That matters.
Longs are still paying 0.005% 🤝
Weak hands are getting clipped while this sits 23% off the 30d high, about 22% into its range.
If $OPG loses $0.085, I’d watch for a flush and wait. If it keeps reclaiming that zone, this starts looking more like $BNB -style panic before relief.
Not chasing. 🧠
#OPG
#CryptoNews
#Web3
Down 10% today, 4h RSI is 29, and the tape is ugly with price still under the 20d and 50d MA.
But the volume is 5.8x the 20d average, so this is not dead. That matters.
Longs are still paying 0.005% 🤝
Weak hands are getting clipped while this sits 23% off the 30d high, about 22% into its range.
If $OPG loses $0.085, I’d watch for a flush and wait. If it keeps reclaiming that zone, this starts looking more like $BNB -style panic before relief.
Not chasing. 🧠
#OPG
#CryptoNews
#Web3