【$OP Signal】Buy on dip! 1H RSI bottom divergence, dense support below, clear signs of main force defending the market

$OP The 1H timeframe is oscillating above the critical support zone of 0.1187-0.1199 to build a bottom. Although the 4H timeframe is in a downtrend channel, the 1H RSI has already shown bottom divergence signs, and the buying depth is substantial with dense support below. Open interest remains stable, prices are falling but have not triggered large-scale liquidations, indicating main force is defending the market. In a negative fee rate environment, the risk of short squeeze is accumulating.

🎯Direction: Long

⚡Entry/Order: 0.1187 - 0.1199

🛑Stop Loss: 0.1165

🚀Target 1: 0.1235

🚀Target 2: 0.1260

🛡️Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position for profit; if the price drops below 0.1210, exit all positions.

(Depth Logic: The 1-hour RSI refuses to decline when the price hits new lows, forming bottom divergence, and short-term rebound momentum is brewing. Market data shows a large number of buy orders in the 0.1190 to 0.1180 range, forming a strong support wall. Although the 4-hour trend is weak, stable open interest indicates that funds are not panicking and leaving the market, combined with negative fee rates, this is a typical precursor to a short squeeze structure. The current price is far from the 1-hour EMA20; patience and waiting for a pullback to the support zone is a better strategy. )

Check real-time market 👇 $OP

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