$OP USDT – SUPPORT TEST IN PROGRESS, BULLS MAY STRIKE BACK!
PULLBACK TO 99-MA
NEARING STRONG DEMAND ZONE
$OP has cooled off after hitting the $0.701 high and is now consolidating around $0.666, sitting right above the 99-MA ($0.662) support. The trend remains bullish on the higher timeframe, and the current dip may offer a fresh long opportunity if support holds.
A bullish reversal from this zone could spark another upward wave. Watch for reclaim of 7-MA ($0.674) as initial confirmation.
LONG Trade Setup:
Entry: 0.664 – 0.668
Targets (TP): 0.680 / 0.695 / 0.710
Stop Loss (SL): 0.656
This setup favors buyers anticipating a bounce from the moving average confluence zone.