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OP has recently experienced significant changes in its trend, most notably a sudden 35.5% surge in trading volume on the 30-minute timeframe. Such abnormal trading activity is often not without reason.
From a price perspective, OP is currently hovering around 0.3164 USDT. There is a clear support level below, with the 1-hour baseline support at 0.3135, only 0.54% below the current price. The entire support zone falls within the range of 0.3101-0.3135.
For traders looking to participate, this level is worth paying attention to. If planning to go long, you can place an order around 0.3135 and set the resistance level at 0.3217 as the take-profit target.
Interestingly, such sharp increases in volume often signal that a market move is imminent. The obvious volume anomaly at this support level suggests that we should keep a close eye on OP’s subsequent performance, as a major trend could emerge very soon.