$OP /USDT Analysis Update and Best Trading Strategy 🔐👇
Current Price: $0.774
Timeframe: 1H & 1D 🔍
Trend Bias: Bullish Push Forming 📊
24H Change: +0.52%
🔵 Technical Breakdown:
On the 1H chart, $OP bounced from the lower Bollinger band near $0.748 and has pushed past the 20MA resistance at $0.765, forming a bullish engulfing pattern with increasing momentum. RSI is recovering upward, hinting at renewed short-term buyer interest.
On the 1D chart, the price is consolidating just above the 20MA ($0.758), attempting a breakout from the previous resistance. A close above $0.790 could ignite further upside.
🧠 Trade Strategy Insight:
Entry Zone: $0.762–$0.768 (pullback entry)
Target 1: $0.790
Target 2: $0.825
Stoploss: $0.748 (below 1H low & lower BB)
⚠️ Key Observation:
Daily structure shows a slow bullish reversal pattern from May 23 low.
1H chart confirms strength with breakout from local range.
Volume remains moderate but supports the recent leg up.
📌 Pro Tip: "In sideways markets, it's not about chasing highs — it's about entering low and exiting smart. Let volatility give you the edge."
💬 Community Sentiment: Slightly bullish with cautious optimism — eyes on breakout confirmation.
📉 Disclaimer: Not financial advice. Do your own research before trading. Manage risk wisely.
