【$OP Signal】Pullback to buy! 1H RSI severely oversold, clear signs of main force supporting the market

$OP The 1-hour level is at a critical point of oversold rebound. The price has been continuously declining, with the 1-hour RSI dropping to 26.5, entering the severely oversold zone. Looking at the 4-hour level, the price has moved far away from the EMA50, and the downward momentum is weakening. The key point is: open interest remains stable and has not decreased significantly with the price decline, and order book data shows that buy-side depth in the 0.1125-0.1138 range is unusually thick, indicating that the main force may be supporting the market and accumulating positions below. This is not panic selling, but an organized pullback and shakeout.

🎯Direction: Long

⚡Entry/Order: 0.1127 - 0.1138

🛑Stop Loss: 0.1115

🚀Target 1: 0.1175

🚀Target 2: 0.1200

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price retraces to the upper boundary of the entry zone and stabilizes, consider adding a small position.

Depth Logic: The price is falling but open interest remains stable. This is not main force unloading, more like bullish leverage clearing. The 1-hour candlestick tests around 0.1140 multiple times and shows long lower shadows, indicating funds are absorbing. The buy-side order book is stacked between 0.1125-0.1138, forming a solid support wall. Combined with the extremely low RSI, this is a high-probability rebound sniper point. The first resistance above is near the 1-hour EMA20 (0.1170). A breakout could test the 4-hour downtrend line at 0.1200.

View real-time market 👇 $OP

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #2月非农意外负增长