$OP Analysis:
$OP tapped strongly and was rejected from the resistance area at $0.11493 - $0.11645. Momentum is showing exhaustion after the rally, printing an upper rejection wick into supply. A clean 4H close below this zone confirms downside continuation.
Open Interest is crowding at $10.34M while funding sits at -0.0184%, pointing to buyer fatigue at resistance and high risk of a rapid corrective flush.
🎯 Entry: $0.11449 (Zone: $0.11493 - $0.11645)
🏆 Targets: TP1 $0.01328 | TP2 $-0.0268884 | TP3 $-0.0831244 | TP4 HOLD
$OP tapped strongly and was rejected from the resistance area at $0.11493 - $0.11645. Momentum is showing exhaustion after the rally, printing an upper rejection wick into supply. A clean 4H close below this zone confirms downside continuation.
Open Interest is crowding at $10.34M while funding sits at -0.0184%, pointing to buyer fatigue at resistance and high risk of a rapid corrective flush.
🎯 Entry: $0.11449 (Zone: $0.11493 - $0.11645)
🏆 Targets: TP1 $0.01328 | TP2 $-0.0268884 | TP3 $-0.0831244 | TP4 HOLD
