{"id":621067,"date":"2026-06-28T08:43:06","date_gmt":"2026-06-28T08:43:06","guid":{"rendered":"https:\/\/Blockchain.News\/news\/20260628-price-prediction-op-dead-money-at-010-breakdown-to"},"modified":"2026-06-28T08:43:06","modified_gmt":"2026-06-28T08:43:06","slug":"op-price-prediction-dead-money-at-0-10-breakdown-to-0-085-or-squeeze-to-0-11","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/28\/op-price-prediction-dead-money-at-0-10-breakdown-to-0-085-or-squeeze-to-0-11\/","title":{"rendered":"OP Price Prediction: Dead Money at $0.10 \u2014 Breakdown to $0.085 or Squeeze to $0.11?"},"content":{"rendered":"<figure class=\"figure mt-2\">\n<p> <a href=\"https:\/\/blockchain.news\/Profile\/Jessie-A-Ellis\">Jessie A Ellis<\/a> <span class=\"publication-date ml-2\"> Jun 28, 2026 08:43<\/span> <\/p>\n<p class=\"lead\">OP is pinned at $0.10 with a MACD that flatlined and every major moving average stacked overhead as dead-weight resistance \u2014 but smart money is quietly leaning long, setting up a binary 48-hour dec&#8230;<\/p>\n<p> <a href=\"https:\/\/image.blockchain.news:443\/features\/A4189E510397880004378063FD0937FAD5FB0503957386C30290FAB0BCA27D54.jpg\" class=\"hero-image-link\"> <img fetchpriority=\"high\" decoding=\"async\" class=\"rounded hero-image\" src=\"https:\/\/image.blockchain.news:443\/features\/A4189E510397880004378063FD0937FAD5FB0503957386C30290FAB0BCA27D54.jpg\" alt=\"OP Price Prediction: Dead Money at $0.10 \u2014 Breakdown to $0.085 or Squeeze to $0.11?\" loading=\"eager\" width=\"1200\" height=\"630\"> <\/a> <\/figure>\n<h2>The Immediate Setup<\/h2>\n<p>OP entered June 28 clinging to the $0.10 psychological handle after a 3.44% session flush that probed the intraday low of $0.0998. What should concern you isn&#8217;t the size of the drop \u2014 it&#8217;s the complete absence of any meaningful recovery attempt. The SMA 7, SMA 20, and current price have all converged at exactly $0.10, which looks like support on a surface read but is actually a coil of compressed indecision. Daily ATR has shrunk to $0.01, meaning the market has essentially stopped breathing.<\/p>\n<p>The bigger picture is structurally brutal. OP is trading 41% below its 200-day simple moving average of $0.17. This is not a healthy consolidation \u2014 this is systematic distribution. The entire Layer 2 hype cycle that once propelled OP to multi-dollar territory has been fully unwound, and <a rel=\"nofollow\" href=\"https:\/\/blockchain.news\">Blockchain.news<\/a> has documented exactly this kind of L2 sentiment erosion playing out across the sector through mid-2026. The buyers who were supposed to step in at these &#8220;attractive&#8221; levels have simply not materialized in any meaningful size.<\/p>\n<aside class=\"card border-0 rounded-4 shadow-sm my-4 bg-body-tertiary news-inline-price-chart\" data-news-inline-chart=\"1\" data-binance-symbol=\"OPUSDT\" aria-labelledby=\"news-inline-pc-h-9c555cea\">\n<div class=\"card-body\">\n<p class=\"small text-secondary mb-2\">Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.<\/p>\n<p class=\"small mb-0 mt-2\"><a href=\"https:\/\/blockchain.news\/price\/OP\/USD\">Full OP price, calculator &amp; analysis<\/a><\/p>\n<\/p><\/div>\n<\/aside>\n<h2>Key Levels Exposed<\/h2>\n<p>The support structure below current price is almost nonexistent. The $0.0998 intraday low is the exact line separating &#8220;still fighting&#8221; from &#8220;capitulation mode.&#8221; Below it, there is roughly a 15% air pocket before any historical price memory emerges around the $0.085\u2013$0.088 zone \u2014 and even that is thin structure, not a dense demand cluster. The SMA 200 at $0.17 and SMA 50 at $0.12 are so far overhead they function less as near-term targets and more as evidence of how deep the structural damage runs.<\/p>\n<p>On the upside, $0.104 was today&#8217;s intraday high and already served as a clean rejection point. The EMA 26 at $0.11 and the upper Bollinger Band at $0.11 form a tight, well-defined ceiling \u2014 a confluence zone that any rally will need to pierce convincingly, not merely graze. The Bollinger %B sitting at 0.40, below the midpoint with bands that have narrowed significantly, signals volatility has compressed into a decision point. Compressed volatility releases hard when it finally moves, and the direction of that break is the entire trade.<\/p>\n<h2>Sentiment vs Reality<\/h2>\n<p>This is where the setup gets genuinely interesting, and where most retail players will get caught wrong-footed. The derivatives tape is flashing a split signal that demands careful reading. Top traders \u2014 the smart-money cohort tracked by Binance&#8217;s positioning data \u2014 are sitting 62.5% net long. The taker buy\/sell ratio is running at a striking 2.06, meaning aggressive market-buy orders are outpacing sell orders by more than two-to-one in the near term. On the surface, that screams &#8220;buy the dip.&#8221;<\/p>\n<p>But here is the critical counter-read: open interest climbed 3.9% over the last 24 hours while price simultaneously fell 3.44%. That is the classic fingerprint of new short positions being established, not fresh longs loading with conviction. The aggressive taker buying may simply be short-sellers covering at intraday lows before recycling into higher-entry shorts \u2014 not genuine accumulation. Meanwhile, 56% of retail traders are already net long per the global ratio, which is exactly the crowded-retail lean you fade in a structural downtrend, not follow.<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/blockchain.news\">Blockchain.news<\/a> tracks these derivatives dynamics in real time, and the divergence between taker flow and OI behavior here is precisely the pattern that precedes a false-dawn rally \u2014 one that gets bought eagerly by late longs before getting sold into harder.<\/p>\n<p>There are zero active KOL calls on OP in the last 24 hours. The most recent public forecast on record was CoinCodex&#8217;s January 2026 estimate that OP would hold $0.23. That forecast is now sitting 57% underwater. That tells you everything you need to know about the state of forward guidance on this asset.<\/p>\n<h2>Actionable Trade Strategy<\/h2>\n<p>Two scenarios with hard probabilities \u2014 no hedging.<\/p>\n<p><strong>Bear Case \u2014 65% probability.<\/strong> OP fails to hold $0.0998 on a daily close. Confirmation trigger is a 4-hour close below $0.097. The primary target is $0.088, where the nearest zone of thin price memory exists. A concurrent BTC softening extends the flush toward $0.075\u2013$0.080 as a secondary target. The entry is a retest of $0.098 from below after the breakdown, with a stop set above $0.104 and profit taken in two tranches: first at $0.088, runner at $0.078. Every structural indicator points this direction \u2014 the moving average stack, the dead MACD, the bearish OI divergence.<\/p>\n<p><strong>Bull Case \u2014 35% probability.<\/strong> The taker buy pressure combined with top-trader long positioning creates a short-squeeze ignition. OP reclaims $0.104 on a 4-hour close, triggering a move toward the $0.11 upper Bollinger Band and EMA 26 confluence. If that ceiling breaks with real volume, the SMA 50 at $0.12 becomes viable over a 5\u20137 day horizon. For the tactical long: entry between $0.099 and $0.100, stop tight at $0.096 \u2014 just below today&#8217;s low \u2014 target $0.108 first, $0.115 as a stretch. Take profit into the $0.11 zone aggressively; do not hold heroic targets against a structural downtrend.<\/p>\n<p>The weekly close on Sunday is the definitive read. OP printing a weekly candle below $0.10 confirms the next leg lower is already in motion and shifts bear-case probability to 75%. <a rel=\"nofollow\" href=\"https:\/\/blockchain.news\">Blockchain.news<\/a> will be watching the OI-versus-price divergence closely through that close \u2014 if open interest keeps building while price stays pinned or slides, the squeeze thesis is dead and the $0.085 target moves to front of mind.<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/blockchain.news\">Blockchain.news Crypto Market<\/a><\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span> <!-- Divider --> <!-- Bookmark button -->  <!-- Bookmark button END --> <!-- Author info END --> <!-- Divider --> <a href=\"https:\/\/blockchain.news\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jessie A Ellis Jun 28, 2026 08:43 OP is pinned at $0.10 with a MACD that flatlined and every major moving average stacked overhead as dead-weight resistance \u2014 but smart money is quietly leaning long, setting up a binary 48-hour dec&#8230; The Immediate Setup OP entered June 28 clinging to the $0.10 psychological handle after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":621068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[272,16405,15930],"class_list":{"0":"post-621067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-analysis","9":"tag-op-price-analysis","10":"tag-op-price-prediction"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/621067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=621067"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/621067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/621068"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=621067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=621067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=621067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}