【$OP Signal】Ambush Long! 1H level breakout and retest confirmation, clear signs of main force defending the market under negative fee rate

$OP The 1H level has completed a beautiful volume breakout and retest confirmation in the 0.1270-0.1320 range. The current price is supported above the 1H EMA20 (0.1302), and the 1H RSI (47.22) has rebounded from the oversold zone with a healthy correction. Although the 4H remains in a downtrend (EMA20: 0.1460), the 1H momentum has already turned strong, and the negative funding rate (-0.055%) combined with stable open interest (OI Stable) suggests potential short squeeze. The order book shows deep buy-side support (depth imbalance of 4.15%), indicating clear intent by the main force to defend the market.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1305 - 0.1310 (Reason: Dynamic support from 1H EMA20 + upper part of previous hour's candlestick body )

🛑Stop Loss: 0.1285 (Reason: Break below previous 1H structure low of 0.1290 and ATR lower band )

🚀Target 1: 0.1345 (Reason: Resistance at previous high on 4H level )

🚀Target 2: 0.1380 (Reason: 0.618 Fibonacci retracement of the previous downtrend on 1H level )

🛡️Trade Management:

- Position size suggestion: Light (Reason: 4H trend has not fully reversed yet, indicating contrarian trading )

- Execution strategy: After the price reaches 0.1345, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1305 (break-even). If the price cannot hold above 0.1315 and falls below 0.1302 (1H EMA20) again, consider exiting early.

Depth logic: In the past few hours, as the price rose from 0.1270 to 0.1329 with significant volume (buy/sell ratio once reached 0.6), it signals accumulation by the main force. The subsequent volume contraction and retest show limited selling pressure. Open interest remains stable rather than decreasing, indicating the rally is driven by new long positions rather than short covering. The negative funding rate increases the cost for short positions, setting the stage for a short squeeze. Currently, the price is at a balance point between bulls and bears, with a higher probability of breaking upward.

Check real-time market 👇 $OP

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