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$OP OP Short Squeeze! $53.8K Wiped Out at $1.442!
🔥 Bears Caught Off Guard! A hefty $53.8K short position was liquidated as OP soared past $1.442, triggering a swift shift in market sentiment. The squeeze forced shorts to exit, fueling the rally and catching traders by surprise.
📈 What’s Next for OP?
$OP With the short liquidation fueling buying momentum, OP may continue its ascent if it can hold above $1.440. A break above $1.450 could send the price targeting $1.475 or even $1.50. However, failure to maintain this level could lead to a pullback toward $1.40.
📊 Key Levels to Watch:
🔹 Support: $1.420 – $1.400
🔸 Resistance: $1.450 – $1.475
⚠️ Market Insight: If OP consolidates above $1.440, expect a potential continuation toward higher levels. On the flip side, a drop below $1.400 could signal a reversal, so keep an eye on price action.
🔥 OP on the rise or will bears reclaim control? What’s your next move? Let us know your strategy! 👇
#OP #CryptoSignals#SOLETFsOnTheHorizon #USTaxExemptionPlan #USConsumerConfidence
{spot}(OPUSDT)