【$OP Signal】Long | Double Bottom Support + Deep Accumulation

$OP On the 4-hour chart, the price repeatedly tests above the key support level of 0.179, forming a potential double bottom pattern. The depth imbalance reaches 31.43%, with significant buy order thickness, indicating institutional support below. Funding rates remain negative at (-0.0178%), but open interest is stable, posing a short squeeze risk, so short positions are not recommended.

🎯Direction: Long

🎯Entry: 0.1795 - 0.1805

🛑Stop Loss: 0.1775 (Breaks previous low and dense buy zone, rigid stop loss)

🚀Target 1: 0.1860

🚀Target 2: 0.1920

Hardcore logic: The price is strongly supported at 0.179 (previous low and order block). The 4-hour candlestick repeatedly dips but is quickly pulled back, showing absorption by buyers. RSI(44.48) is in a neutral to weak zone, indicating a healthy correction. ATR(0.0054) shows moderate volatility, making stop loss placement reasonable. Order book depth reveals that buy orders in the 0.1790-0.1805 range far exceed sell orders, forming a strong support wall. Combined with negative funding rates and stable open interest, short covering could fuel the subsequent rally. Risk-reward ratio >2.0, aligning with high-probability trading models.

Trade here 👇 $OP

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