$OP
OP/USDT | 2H Technical Outlook
Price is trading at $0.2970, showing a short-term bullish structure as it remains above the 7, 25, and 99 MAs. Currently testing the $0.2990 – $0.3015 resistance zone, while volume momentum appears to be cooling off, indicating possible consolidation or a pullback before the next move.
Key Levels
Resistance: $0.2990, $0.3015
Support: $0.2908
Strong Support: $0.2746 – $0.2713
Trade Plan (High R:R Long Setup)
Entry Zone: $0.2900 – $0.2920
Stop Loss: $0.2840
Take Profit: $0.2990 → $0.3015 → $0.3050
Invalidation
Break above $0.3015 with strong volume → consider breakout long (SL < $0.2970)
Drop below $0.2840 → trend weak → avoid longs
Risk Notes This market is highly volatile. Use leverage carefully and always respect your SL. A BTC dump can invalidate the entire setup. NFA (Not Financial Advice).