📉 $OP /USDT Market Update – 4H Analysis 📉

🗓️ As of July 4, 2025 – 16:31 UTC+5:30

🔍 Current Price: $0.548

📉 24H Change: -5.03%

🔺 24H High: $0.587

🔻 24H Low: $0.547

📊 RSI (6): 33.11 → Near oversold territory

📉 Volume (24H):

• OP: 18.58M

• USDT: 10.58M

📌 Technical Breakdown:

OP has rejected resistance around $0.623 and is trending downward.

Price is currently hovering near support (~$0.547). A break below could test the next support zone near $0.520.

The RSI is at 33, suggesting selling pressure is dominant, but a bounce from oversold levels is possible.

Volume spikes earlier indicate trader interest, but recent candles show declining momentum.

📈 Key Levels:

Support: $0.547 / $0.520

Resistance: $0.560 / $0.587

💡 Outlook:

Caution advised in the short term. Watch for RSI rebound or price action near $0.547 before considering entries. Break below this may trigger further downside. Ideal for patient traders waiting for confirmation signals.

📢 Trade wisely & manage risk.