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OP/USDT 4H Analysis — Clear and Actionable Summary Chart Breakdown • Trendlines drawn: • Red: Downtrend resistance from $0.95 peak – shows clear lower highs. • Green horizontal: Strong support around $0.685 – price has bounced here before. • Yellow line (MA150) and Pink line (MA200) – both have now been broken downwards, showing bearish momentum. Indicators: • RSI (6): 21.3 — Oversold. Historically this signals potential short-term reversal. • RSI (12 & 24): Both under 40 — still weak overall momentum. • Volume: Significantly lower compared to the previous rally. No strong buyers stepping in yet. ⸻ Next Move Prediction: Short-Term (1–3 days): • Scenario 1: Bounce from $0.685 • If this support holds, expect a short-term rebound to test $0.72–0.735, where MA levels are. • RSI supports this potential bounce. • Scenario 2: Break below $0.685 • If broken, next key support zone is $0.64–0.62, with high probability of capitulation wick to $0.60. Bias: • Slight bullish short-term due to oversold RSI and key support. • Mid-term trend is bearish unless price reclaims above $0.735 (200 MA). ⸻ Action Plan: • Hold: If you’re in a long, wait for reaction near $0.685 — set stop-loss just below. • Buy scalp: Small long position with tight SL below $0.68 aiming for $0.72–0.735. • Avoid chasing unless volume spikes with breakout candle above MA lines. #OP #Write2Earn

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Let’s Go 🔥 $ETH

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Hey Guys! What are the chances that OP will climb back up? Or it going to dump even heavier?? #OP #Optimisim

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