Technical Analysis OP/USDT
Key Data:
Current Price: 1.164 USDT (+4.11%)
24h High: 1.181 USDT
24h Low: 1.103 USDT
Trading Volume: 15.08 million OP / 17.22 million USDT
Technical Levels:
Support: 1.151 / 1.122 USDT
Resistance: 1.181 / 1.205 USDT
Order Book and Market Sentiment:
Demand: 44.25% (fewer buyers).
Supply: 55.75% (slightly more sellers).
Large Sell Orders: 1.20 / 1.30 USDT – resistance zones.
Possible Scenarios:
Bullish: If the price breaks 1.181, a rise to 1.20–1.22 USDT is possible.
Bearish: If the price drops below 1.15, a correction to 1.12–1.10 USDT is possible.
Trading Strategies:
Long: Entry 1.15–1.16 USDT, target 1.18–1.20 USDT, stop-loss 1.14 USDT.
Short: Entry 1.18–1.19 USDT, target 1.14–1.12 USDT, stop-loss 1.21 USDT.
Summary: The upward trend remains, but it is necessary to watch for a break of 1.181 or a drop below 1.15 to confirm further movement.