OP: Van de Poppe Holds Stake, Eyes $0.13 Entry
Michaël van de Poppe of @CryptoMichNL confirms he is still holding OP after a support test held, targeting a potential entry at $0.13 on pullback before continuation higher.
SourceAnalysis
Michaël van de Poppe stated he continues to hold $OP despite trimming the position size, noting that a straightforward support-resistance test held at current levels.
Price sits at $0.14 with the 4-hour structure bullish above both the EMA50 at $0.13 and EMA200 at $0.12. The MACD has printed a golden cross while RSI at 59.86 remains neutral, and price is pressing the upper Bollinger Band at $0.14. With the band acting as short-term resistance, a healthy retracement toward the EMA50 support at $0.13 aligns with van de Poppe’s stated entry zone before the next leg higher, supported by the broader undervaluation of the Ethereum ecosystem.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast