【$OP Signal】Pullback to Long + 1H Level Bottoming Rebound

$OP The 1H timeframe is oscillating narrowly between 0.1180-0.1200, forming a small bottom platform. Although the 4H timeframe is in a downtrend channel, the 1H RSI has rebounded from oversold territory to 47, and the price has been repeatedly supported around 0.1180, indicating short-term selling pressure is weakening. The current price is testing the 1H EMA20 at (0.1204) resistance. Once it stabilizes, a technical rebound is likely to begin.

🎯Direction: Long (Long)

⚡Entry/Order: 0.1205 - 0.1210

🛑Stop Loss: 0.1180

🚀Target 1: 0.1240

🚀Target 2: 0.1280

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss up to entry price 0.1205. Hold remaining position for Target 2. If the price retraces into the entry zone and breaks below, exit all positions.

Deep Logic: Market depth data shows buy orders (0.1180-0.1195) are significantly thicker than sell orders (0.1202-0.1210), with a 6.8% depth imbalance, favoring an upward breakout. Open interest (OI) remains stable and has not decreased with a slight price dip, indicating that bears are not heavily increasing their positions and bulls are showing signs of support. The 1H volume shrank after the price hit 0.1180, a typical decreasing volume in a downtrend, combined with a bullish RSI divergence pattern, suggesting bullish momentum is building.

View real-time market 👇 $OP

---

Follow me: Get more real-time analysis and insights into the crypto market!