$OP /USDT. Here's a clear and actionable trade setup based on the short-term structure and volume positioning:

📊 OP/USDT Technical Overview

Current Price: $0.849 (down -2.97%)

24h High / Low: $0.914 / $0.838

Volume (OP): 60.85M

Volume (USDT): 53.02M

MA60: $0.861

MA5 / MA10: $0.869 / $0.865

Support Zone: $0.838 – $0.849

Resistance Zone: $0.865 – $0.869

⚡ Trade Setup: Range Play with Reversal Risk

🟢 Bullish Bounce Setup

OP is testing a key support range ($0.838–$0.849). A bounce from this zone could target short-term moving averages as resistance.

Entry Zone: $0.840 – $0.849

(Look for reversal signals on the 15m/1h chart — e.g., bullish engulfing, RSI divergence)

Targets:

TP1: $0.861 (MA60)

TP2: $0.865–$0.869 (MA10/MA5 cluster)

TP3: $0.885–$0.900 (midpoint between current and 24h high)

Stop-loss: Below $0.834 (below 24h low with small buffer)

🔴 Bearish Breakdown Setup

If OP fails to hold $0.838, it risks breaking to new intraday lows.

Entry: Below $0.835 with volume confirmation

Targets:

TP1: $0.810

TP2: $0.780

TP3: $0.750 (strong daily support)

Stop-loss: Above $0.850 or the breakdown candle high

🧠 Trade Context Notes:

MA cluster overhead = short-term resistance.

Volume weakens near lows — if volume surges near $0.838, expect either a sharp bounce or decisive breakdown.

Ideal scalp if volatility expands — especially if OP BTC pair starts turning green.

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