$OP /USDT

🔍 OP/USDT Perp Overview

Last Price: $0.7073

Mark Price: $0.7072

24h Change: +13.06% (strong uptrend)

24h High / Low: $0.7200 / $0.6228

Volume:

OP: 326.59M

USDT: 219.05M

Exchange: Binance Futures

🧠 Trade Setup (Scalp / Intraday Swing)

✅ Bullish Setup (Trend Continuation)

Entry Zone (Buy Dip):

$0.6870–$0.7070

This area is showing healthy pullbacks with support above VWAP/mid-band.

Look for 15m candle confirmation (hammer, engulfing, or volume pickup).

Stop Loss:

Below $0.6700 (mid-support zone) → $0.6650

Take-Profit Targets:

TP1: $0.7200 (24h high — initial resistance)

TP2: $0.7350

TP3: $0.7500+ (if breakout sustains)

⚠️ Breakout Setup

Entry: On 15m/1h candle close above $0.7200 with strong volume

Stop Loss: $0.7050

Targets:

TP1: $0.7350

TP2: $0.7550

Use a trailing stop if momentum builds

❌ Bearish Rejection Setup (High-Risk Counter-Trend)

Entry: Only if price tests $0.7200 and rejects hard (e.g., long wick, drop in volume)

Stop Loss: $0.7250

Targets:

TP1: $0.6870

TP2: $0.6650

🔧 Key Indicators to Watch

RSI (15m/1h): Likely entering overbought zone → good for spotting minor pullbacks or divergence

Volume: Watch for volume spikes confirming support around $0.687

EMA 20/50: Price trending above = bullish control

📌 Trade Summary

Market Structure: Bullish

Best Strategy: Buy dips into $0.687–$0.707, target $0.72–$0.75

Breakout Level: $0.7200

Risk Level: Moderate (13% daily move suggests strong momentum but possible volatility)

Short Play: Only on strong rejection with confirmation

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