$OP /USDT Bearish Continuation Setup
Technical Analysis:
$OP/USDT is showing sustained bearish momentum after failing to hold above the 0.3450 resistance level. The price is currently trading at 0.3019 and has been forming lower highs and lower lows, signaling continuation of the downtrend. Immediate support is near 0.3002, and a break below this level could open the path toward further downside. Short-term indicators confirm selling dominance, suggesting sellers remain in control.
Trade Setup:
Entry Range: 0.3020 – 0.3040
Target 1: 0.2900
Target 2: 0.2800
Target 3: 0.2700
Stop Loss (SL): 0.3150
Short Market Outlook:
The trend remains bearish. A decisive break below 0.3002 could accelerate the downward move toward lower psychological levels. Traders should look for minor pullbacks to resistance around 0.315–0.320 for potential shorting opportunities. Any reversal would require strong buying momentum to push above 0.3450.
