Coco Bits
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Bullish
⚠️ $OP /USDC Cooldown After the Surge! What's Next? 🧊🔥
📉 Current Price: $0.650
🔻 24H Change: -6.34%
📊 High: $0.701
📉 Low: $0.643
🕒 Timeframe: 4H Chart
📊 Chart Insights:
$OP just rallied from $0.519 to $0.701 — a solid 35%+ move, breaking multiple resistances and confirming a strong bullish breakout! 🚀
But after hitting the local top, the price is now retracing, showing red candles and testing short-term support levels.
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📉 Trend & Moving Averages:
MA(7): 0.671 (currently above price → short-term weakness ⚠️)
MA(25): 0.603 (solid mid-level support)
MA(99): 0.562 (bullish structure still intact)
🟢 Trend is bullish overall, but short-term correction is in play due to overextension.
📦 Volume Analysis:
🔼 Strong volume buildup during the breakout confirms real momentum
🔻 Volume is now decreasing → suggests consolidation or a potential short pullback
🔍 Key Levels to Watch:
📉 Support Zones:
$0.643 → 24h low & local support
$0.603 → MA(25) zone (buy zone if deeper retracement)
$0.562 → MA(99) (trend support)
📈 Resistance Zones:
$0.670 → MA(7) & local resistance
$0.701 → Local top (must break to continue the trend)
🎯 Trading Signal:
> "Short-term correction underway — but OP is still in a bullish pattern. If price bounces above $0.64 and breaks $0.67 again, we may retest $0.70+." ✅
"Watch for bullish volume pickup. Hold cautiously, or enter dips near MA(25) support." 🔁
🚦 Verdict:
🔸 Short-term: Weakness showing
🔸 Mid-term: Bullish trend still valid
🔸 Action: Buy dips above $0.60 — Target $0.68 / $0.70+ 🎯
#BinanceHODLerLA #BTCBreaksATH #ETHBreaks3k
📉 Current Price: $0.650
🔻 24H Change: -6.34%
📊 High: $0.701
📉 Low: $0.643
🕒 Timeframe: 4H Chart
📊 Chart Insights:
$OP just rallied from $0.519 to $0.701 — a solid 35%+ move, breaking multiple resistances and confirming a strong bullish breakout! 🚀
But after hitting the local top, the price is now retracing, showing red candles and testing short-term support levels.
---
📉 Trend & Moving Averages:
MA(7): 0.671 (currently above price → short-term weakness ⚠️)
MA(25): 0.603 (solid mid-level support)
MA(99): 0.562 (bullish structure still intact)
🟢 Trend is bullish overall, but short-term correction is in play due to overextension.
📦 Volume Analysis:
🔼 Strong volume buildup during the breakout confirms real momentum
🔻 Volume is now decreasing → suggests consolidation or a potential short pullback
🔍 Key Levels to Watch:
📉 Support Zones:
$0.643 → 24h low & local support
$0.603 → MA(25) zone (buy zone if deeper retracement)
$0.562 → MA(99) (trend support)
📈 Resistance Zones:
$0.670 → MA(7) & local resistance
$0.701 → Local top (must break to continue the trend)
🎯 Trading Signal:
> "Short-term correction underway — but OP is still in a bullish pattern. If price bounces above $0.64 and breaks $0.67 again, we may retest $0.70+." ✅
"Watch for bullish volume pickup. Hold cautiously, or enter dips near MA(25) support." 🔁
🚦 Verdict:
🔸 Short-term: Weakness showing
🔸 Mid-term: Bullish trend still valid
🔸 Action: Buy dips above $0.60 — Target $0.68 / $0.70+ 🎯
#BinanceHODLerLA #BTCBreaksATH #ETHBreaks3k
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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