opencustodyprotocol

Open Custody Protocol $OPN is currently showing signs of price stabilization after testing a new local bottom near $0.2500. On the H1 timeframe, we are seeing a bullish divergence on the RSI, suggesting that the recent selling pressure is exhausting. A successful hold above the $0.2600 support level could trigger a relief rally toward the previous breakdown zone.
📊 Trade Signal: BUY (Long)
* Entry Price: $0.2620 – $0.2700
* Take Profit (Target): $0.3420
* Stop Loss: $0.2450
Market Outlook:
The price is currently consolidating in a tight range. A breakout above the immediate H1 resistance of $0.2850 would confirm the bullish reversal. Traders should watch for a volume spike to validate the move. If the $0.2500 support fails, stay sidelined until a new base forms.
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