OP (OP / USDT) — funding, open interest and structure
Accumulation at the base (−5.2% over 24h). A short lean, the scenario is developing.
What Sonarcast found on the OP chart
Key numbers
- Price
- $0.1008
- 24h change
- -5.21%
- 24h volume
- $11.83M
- 24h high
- $0.1070
- 24h low
- $0.1003
- Market cap
- $233.91M
- Sector
- Layer 2
- Funding rate
- -0.005%
- Open interest
- $12.25M
- OI change, 24h
- +2.08%
- OI trend
- flat
- RSI (1h)
- 34
- ATR / price (1h)
- 0.99%
- Volume vs average
- 1.95x
What is happening
Price broke a key prior extreme — the earlier sequence of highs and lows is broken, the local character has changed.
Why: Price sits well below the mean
- Status
- Active
- Stage
- Maturing
Facts
- Key level $0.102 broken
- Price below VWAP·5d (−6%)
- RSI 34
- MACD rising
- Funding −0.005%
- Volume ×2.0 vs the 20-candle average
- At the bottom of the range
What each number means
Funding rateneutral
Funding −0.005%: neither longs nor shorts dominate, no overheating.
Open interestno flow
OI +0.6% over 4h: almost no new positions — the move runs on existing ones, no fresh money.
RSIin range
RSI 34: neither overbought nor oversold — momentum is balanced.
EMA stackdowntrend
Price is below EMA200 and the averages are stacked bearish (20<50<200) — a steady downtrend.
MACDdownside pressure fading
The MACD histogram is below zero but turning up: downside pressure is fading, no reversal yet.
Volatility (ATR)volatility calm
Calm volatility (ATR 1.0%/h): a measured market, small moves. Volatility is compressing (squeeze).
Cumulative volume deltaflow flat
CVD is flat: neither buyer nor seller dominates the flow.
Recent moveno pump
No active pump — the coin is in its normal regime.
Volumevolume normal
Volume is normal (2.0× the 20-candle average).
Volume profilebelow value area
Price is below the value area (VAL $0.102) — the balance has shifted down, the seller dominates.
Pivot levelsbelow pivot
Price is below the daily pivot $0.1036 — an intraday seller lean. Nearest support $0.1002 (−0.7%).
Support and resistancebetween levels
Nearest levels: resistance $0.1017 (+0.9%) (2 touches), support $0.0996 (−1.2%) (2 touches).
Levels and structure
- Range high / low (last ~5h, 20 × 15m bars)
- $0.1029 · $0.1003
- Resistance
- $0.1017 · $0.1033 · $0.1040
- Support
- $0.0996
Range and holding cost17 days
Where OP sits in its recent range, how much it moves on an average day, and what holding a position has cost in funding.
- Window high
- $0.13412026-10-21
- Window low
- $0.09342026-10-30
- Price within the window
- 18.2%
- Average daily range
- 8.43%
- Up days
- 6 / 17
- Down days
- 11 / 17
- Best day
- +18.53%
- Worst day
- -10.60%
- Average funding
- -0.001%
- Time funding was positive
- 55.8%
- Open interest over the window
- -26.00%
The window is complete days through 2026-11-06; today is not in it — its move shows in the 24h high/low above. The chart uses closing prices, so its edges sit inside the window high and low.
| Date | Close | Change | Range | Funding rate | Open interest |
|---|---|---|---|---|---|
| $0.1053 | +4.10% | 8.13% | +0.007% | $12.38M | |
| $0.1012 | -8.19% | 12.21% | +0.005% | $12.04M | |
| $0.1102 | +0.87% | 10.47% | +0.008% | $12.87M | |
| $0.1093 | -0.47% | 6.62% | +0.010% | $13.75M | |
| $0.1098 | -2.83% | 5.99% | +0.010% | $14.24M | |
| $0.1130 | -0.060% | 4.07% | +0.010% | $14.89M | |
| $0.1131 | -5.71% | 8.63% | -0.015% | $15.79M | |
| $0.1199 | +18.53% | 27.56% | -0.024% | $15.90M | |
| $0.1012 | -10.60% | 14.06% | -0.004% | $14.58M | |
| $0.1131 | +1.08% | 6.23% | -0.009% | $18.17M | |
| $0.1119 | +0.080% | 3.01% | -0.002% | $17.69M | |
| $0.1118 | +0.72% | 4.11% | +0.001% | $17.82M | |
| $0.1110 | -2.12% | 4.07% | -0.004% | $17.93M | |
| $0.1134 | -1.57% | 6.38% | -0.004% | $17.98M |
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