$OP /USDT – Active short setup after the local peak! 🔻
Current price: $0.788 (+4.65%)
After rising to $0.823, $OP started a sharp decline with consecutive red candles forming on the 30-minute chart.
Short trade setup:
Entry area: $0.790 – $0.800
TP1: $0.770
TP2: $0.755
TP3: $0.744
Stop loss: $0.826
Key levels:
Resistance: $0.823 (highest level in 24 hours)
Support: $0.770 / $0.744
Market outlook:#
The currency has risen well today but shows clear signs of exhaustion. Forming lower highs and the relative strength index is likely cooling off.
Professional tip:
Wait for a slight retracement to the $0.795 area then execute the short trade with a tight stop loss — rejection wicks are your friend here!
📉 It seems the pump is over — take your short profits before the next support breaks!
