$OP
$OP is a Layer-2 scaling solution on Ethereum, designed to reduce gas fees and improve speedRecent buyback program (using ~50% revenue) is bullish → creates constant demand. But major bearish pressure came from Base chain leaving OP Stack, reducing ecosystem revenue. But major bearish pressure came from Base chain leaving OP Stack, reducing ecosystem revenue. �
CoinMarketCap
Technical View:
Market sentiment: Bearish (80%+ indicators) �
CoinCodex
RSI around oversold zone (~29) → possible bounce soon �
CoinCodex
Strong support: ~0.11
Resistance: 0.125 – 0.13 zone
👉 Overall:
Short-term bounce possible, but trend still weak unless resistance breaks.⚡ Scalping / Short-Term Setup
Pair: OP/USDT
Bias: Counter-trend LONG (bounce play)
Entry: 0.112 – 0.115
SL: 0.108
TP1: 0.121
TP2: 0.125
TP3: 0.130
👉 Break below 0.108 = bearish continuation 🚀🚀#ADPJobsSurge #altcoins #bainancenews