🚨 $OP Slammed to New Lows — Rebound or Full Breakdown Incoming? 📉
📍 Current Price: $0.570
$OP is skating on thin ice after a heavy dump, now lodged deep in a demand zone. The bulls are quiet — but for how long? Will this be a launchpad or the next leg down? 🪦💣
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📊 Technical Breakdown
RSI: Hovering at 36 — approaching oversold territory
MACD: Still bleeding red — momentum clearly fading
Structure: Price remains below previous support (now flipped resistance) — upside pressure looks weak
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🔑 Key Levels to Watch
Resistance: $0.595 ➡️ $0.620
Support: $0.560 ➡️ $0.540
Critical Breakdown Trigger: Close below $0.558 could trigger another leg down
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🎯 Trade Setup Idea
Long Entry: $0.571
Target: $0.610
Stop Loss: $0.555
$OP is walking a tightrope — one misstep, and this support could vanish. If bulls want a comeback, now is the time. Otherwise, bears will take full control.
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🧠 Final Thought: The next candle could define direction — don’t trade late.