$OP /USDT Is the Bottom In or Just a Pause?
$OP has rebounded from the local low of $0.532 to $0.567, gaining +6.58% from the bottom and attempting to reclaim upward momentum on the 4H chart.
๐น Key Insights:
โข Support formed at $0.532
โข Buyers stepping in near oversold zone
โข Moderate recovery but no breakout yet
Trade Levels to Watch:
โข TP1: $0.581 โ Minor resistance
โข TP2: $0.607 โ 4H swing top
โข TP3: $0.636 โ Key breakdown area
โข SL: $0.548 โ Below support structure
A$OP breakout above $0.573 with strong volume will confirm bullish continuation. Keep an eye on trend and order book sentiment (Buyers at 62%).
Stay patient, trade smart!