🚨 $OP Higher low forming above support.

🟢 LONG $OP

OP
OPUSDT
0.1005
-0.39%

Entry: $0.1265 - $0.1275

SL: $0.1235

TP1: $0.1310 | TP2: $0.1340 | TP3: $0.1380

Analysis:

- EMA alignment is bullish with price holding above the 20, 50, and 200 EMAs, confirming sustained trend momentum.

- Structure shows a successful retest of the 20 EMA ($0.1265) support, forming a higher low with buyers absorbing selling pressure.

- This support level aligns with the 200 EMA ($0.1258), now acting as a key higher timeframe demand zone after the breakout.

- Statistical edge: Strong trending assets often see continuation after the first touch of the 20 EMA; current price offers favorable risk-reward with tight stop placement.

Invalidation: A 4-hour close below $0.1235.

Engagement Question: Trend shift — or pullback?