🚨📈 Attention traders! $OP /USDT is making waves!
After an interesting movement, it seems that OP is attempting a bullish rally, and it is certainly doing so with enthusiasm! It has touched $0.680 and remains strong above the 7-period moving average ($0.673), a clear indication that the bulls are in control in the short term.
Watch out for this! The 25-period moving average ($0.660) and the 99-period ($0.647) are serving as important dynamic supports. As long as OP stays above them, the path upwards looks clear. The key now is to consolidate above the $0.680 high to confirm the continuation of the momentum.
But here comes the interesting part: if we look at the money flow analysis, although there are inflows, the large orders have been in the red over the last 5 days, with a net outflow of -$4.72M! This could indicate some manipulation by the "smart money", who might be selling quietly while retail traders buy. Pay close attention to this! We could see a pullback if the big players decide to take profits.
For the party to continue, we need to see consistent buying volume and those large orders start to turn green. Patience will be key, as always. If OP breaks strongly above $0.680 and turns it into support, we could look for higher levels. If a pullback occurs, the $0.660 or $0.647 levels would be interesting zones to look for an entry, but always with caution!
HODL wisely and manage that risk! The market does not forgive.
