$OP /USDT – Bearish Pressure Testing Key Support ⚠️
Price
$0.1295
🔻 -10.38% (24h)
Market showing strong downside momentum after recent rejection.
Info
Sector: Layer 1 / Layer 2
Exchange: Binance
Supertrend (10,3): 0.1407 → Currently price trading below Supertrend, indicating short-term bearish bias.
Trading Data
24h High: 0.1470
24h Low: 0.1278
24h Volume (OP): 212.88M
24h Volume (USDT): 29.34M
Recent Low Wick: 0.1241
Current Timeframe Focus: 15m / 1h / 4h
Price has dropped nearly 12% from the 24h high and is now hovering just above the daily low — showing sellers still in control.
📊 Technical Overview
Momentum Analysis
Strong rejection near 0.1563–0.1470
Consecutive lower highs forming on intraday charts
Trading below Supertrend resistance (0.1407)
Volume elevated during sell-off → confirms real distribution
Unless price reclaims 0.1400–0.1420, upside recovery remains limited.
🎯 Trade-x Plan
🔴 Short Setup (Aggressive)
Entry Zone: 0.1320 – 0.1360
Targets:
T1: 0.1275
T2: 0.1240
T3: 0.1185
Stop Loss: 0.1425
🟢 Long Setup (Reversal Confirmation Only)
Entry Above: 0.1420 breakout
Targets:
T1: 0.1470
T2: 0.1560
T3: 0.1720
Stop Loss: 0.1365
🔎 Key Levels
Immediate Support: 0.1278
Breakdown Level: 0.1240
Resistance: 0.1407 (Supertrend)
Major Resistance: 0.1563
💡 Pro Tip
Do not catch falling knives. Wait for either: 1️⃣ A clean reclaim above 0.1420 with volume
OR
2️⃣ A breakdown below 0.1240 for continuation short
Patience > Emotion in volatile drops.
#OPUSDT #Layer2 #CryptoTrading #Binance #Altcoins