$OP is trading inside a bearish continuation structure on the 4H chart, with momentum still favoring the downside.



Price remains below the 9 EMA and 50 SMA, showing sellers continue to control the trend.

A clean break below the current support zone could open the door for another move lower.

Patience is key. Wait for a confirmed breakdown before considering any short setup.

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OP-0.24%
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ybaser
· 2h ago
To The Moon 🌕
Reply0
0xCandleQuiet
· 3h ago
This structure looks like a falling flag pattern; wait patiently to confirm. A fake breakout is too much.
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DewdropSapling
· 4h ago
The 9 EMA and 50 SMA are both pressing overhead; the bearish trend hasn’t finished yet. Wait for a key level to break with increased volume, then follow.
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NonceWhisperer
· 4h ago
If this support is genuinely broken, the next wave likely needs to look for buy orders around the prior low; we can’t rush now.
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