📌 **Pair:** OP/USDT
⏱️ **Timeframe:** 5 Minute
📍 **Trade Setup:**
**Direction:** LONG
**Entry Zone:** 0.1810 – 0.1820
**Stop Loss:** 0.1798 (below visible support & wick rejection)
**Take Profit 1:** 0.1830 (near MA99 / intraday resistance)
**Take Profit 2:** 0.1845 – 0.1850 (previous breakdown
zone)
💰 **Chart Price Reference:**
Current price observed on chart: **0.1819**
📊 **Market Structure:**
Short-term downtrend with a clear **bounce from support at 0.1803**. Price is attempting a recovery after forming a small base. Fast MA (MA7) has turned up and is crossing above MA25, while price is still below MA99 — indicating a **relief pullback inside a broader bearish structure**.
🖼️ **Chart Insight:**
Multiple lower wicks around **0.1803** show strong buyer defense. Recent bullish candles have increased body size with improving volume, signaling short-term momentum recovery. However, overhead resistance remains, so this is a **scalp / short-term bounce**, not a trend reversal.
⚠️ **Risk Note:**
Short-term educational signal based **only on the provided 5m chart**. Manage risk strictly due to higher-timeframe bearish pressure.
📣 **Binance Square Hashtags:**
