OP Technical Analysis Feb 14

The OP token is positioned near a critical support region at 0.19 USD, trading in the 0.18-0.20 range with a 7.01% rise in the last 24 hours. In the overall downtrend, RSI 34 is giving an oversold signal, while buyers are testing the 0.1916 support.

Current Price Position and Critical Levels

OP is positioned in a structure dominated by a short-term downtrend at its current price of 0.19 USD. Trading below EMA20 (0.22 USD) on the daily chart confirms bearish pressure, while 11 strong level confluences are prominent on the weekly timeframe (1D: 3 supports/2 resistances, 3D: 1 support/2 resistances, 1W: 2 supports/2 resistances). The price broke out of the 0.18-0.20 range with a 7.01% increase in the last 24 hours, but Supertrend’s bearish signal and BTC’s downtrend require caution for altcoins. Volume is at a moderate 43.52M USD, but an increase is expected during support tests.

Support Levels: Buyer Pools

Primary Support

The strongest support level is 0.1916 USD (score: 75/100), highlighted by order block confluence on daily and 3-day charts. This level, tested 3 times as the first strong buying region after the sharp drop in November 2025, was rejected each time with a 15%+ rebound. The volume profile shows concentrated liquidity here; it also gains multi-timeframe confirmation by intersecting with EMA50 on the 1-week timeframe. As the price approaches here, it increases the likelihood of buyers accumulating liquidity for a stop hunt – a quick recovery is expected in case of a breakout.

Secondary Support and Stop Levels

Secondary supports are at 0.1803 USD (score: 60/100) and 0.1579 USD (score: 63/100). 0.1803 is critical with the latest swing low and Fibonacci 0.618 retracement confluences on the 1D chart; it showed 20% defense with a volume surge in January 2026. 0.1579 is a weekly supply-demand zone, reinforced by October 2025 equal lows – if broken, the 0.0774 downside target (score:22) for invalidation activates. Suggested stop level is 0.1890 below 0.1916, as this is a liquidity sweep point.

Resistance Levels: Seller Pools

Near-Term Resistances

The first near-term resistance is 0.1962 USD (score: 65/100), functioning as a breaker block on hourly and daily timeframes. The price hit here twice in the last 48 hours and was rejected with wicks; decreasing volume confirms seller pressure. The EMA20 (0.22) approach creates confluence here – high volume is required for a breakout.

Main Resistance and Targets

The main resistance is 0.3408 USD (score: 65/100), a strong resistance cluster on 3D and 1W charts; reinforced by a fair value gap from 2025 highs, it triggered 10%+ drops in 4 tests. Upside target 0.3049 (score:27) should be monitored, aligned with Fibonacci extension and volume profile POC. Breakout invalidation occurs with a close below 0.1962, targeting downside to 0.1579.

Liquidity Map and Big Players

Big players (smart money) may be accumulating liquidity below the 0.1916 support; this is an ideal pool for stop-loss hunting. Above, the 0.1962-0.20 range holds sell-side liquidity, carrying manipulation risk post-breakout. Weekly imbalances point to 0.3408, while RSI 34 divergence creates an opportunity for buyer entry. Volume increase at supports with confluence can offer R/R ratio of 1:3+ – institutions are likely bullish biased.

Bitcoin Correlation

BTC is up 4.32% at 69,934 USD but in a downtrend; main supports at 70,165 / 66,343 / 62,910 USD. OP has 0.85 correlation with BTC – if BTC fails to break 71,174 resistance, selling pressure increases on altcoins. BTC Supertrend bearish signal pushes OP to 0.1916; a 74,341 breakout targets 0.25+ liquidity for OP. BTC dominance rise is a risk for OP; holding below 70k is critical.

Trading Plan and Level-Based Strategy

Level-based outlook: If it holds above 0.1916, long bias for OP Spot Analysis (targets 0.1962-0.3049), invalidation 0.1890. Short-term, rejection at 0.1962 offers short opportunity for OP Futures Analysis (target 0.1803). Risk management: Position risk 1-2%, target R/R 1:2+. This outlook is a general market view, not financial advice – do your own research.