$OP /USDT TRADE UPDATE – BEARISH MOMENTUM BUILDING
Price: $0.706
24H Change: -4.08%
24H Range: $0.698 – $0.748
Current Structure: Lower highs and lower lows forming a clean downtrend
Chart Analysis:
$OP has broken below short-term support at $0.728 and is now trading near the session low of $0.698. Sellers are clearly in control with persistent downward pressure and failed recovery attempts at $0.718 and $0.707.
This structure suggests potential continuation to the downside unless $0.718 is reclaimed with strong volume. Watching closely for a potential breakdown below $0.698, which could expose $0.675 as next key support.
Trade Plan:
• Short bias below $0.718
• Break below $0.698 = high-probability continuation to $0.675 or lower
• Invalidation: Bullish flip above $0.728 with volume