$OP Under Pressure – Rejection Near $0.89 Signals More Downside
$OP /USDT is trading at $0.876 (-3.74%), failing to reclaim key resistance after a steep downtrend. Price is struggling at the lower supply zone, showing signs of weakness as momentum fades.
Chart Analysis:
• Resistance Zone: $0.890 – $0.940
• Current Structure: Lower highs with support retests
• Support Zone: $0.855 – $0.860
Bearish Targets:
• TP1: $0.855
• TP2: $0.840
• TP3: $0.800 (if breakdown confirms)
Unless bulls push a strong close above $0.890, the structure favors bears. A breakdown below $0.860 could trigger further downside.