--- title: "OP faces bearish pressure at $0.08 with whale accumulation unable to halt decline. A breakdown could lead to new lows." type: "News" locale: "en" url: "https://longbridge.com/en/news/296135890.md" description: "Positive sentiment is holding steady around a crucial level of $0.08 amidst intense selling pressure from institutional investors, which is causing challenges for individual retail investors. If the support at $0.08 is breached significantly, it could pave the way for further decline in the short term. However, experienced investors are maintaining their positions in anticipation of potential market movements." datetime: "2026-08-17T17:59:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296135890.md) - [en](https://longbridge.com/en/news/296135890.md) - [zh-HK](https://longbridge.com/zh-HK/news/296135890.md) generator: "portal-rs" --- # OP faces bearish pressure at $0.08 with whale accumulation unable to halt decline. A breakdown could lead to new lows. Positive sentiment is holding steady around a crucial level of $0.08 amidst intense selling pressure from institutional investors, which is causing challenges for individual retail investors. If the support at $0.08 is breached significantly, it could pave the way for further decline in the short term. However, experienced investors are maintaining their positions in anticipation of potential market movements. ### Related Stocks - [OP.US](https://longbridge.com/en/quote/OP.US.md) ## Related News & Research - [PYUSDx stablecoin platform crosses $100 million in scale](https://longbridge.com/en/news/298474584.md) - [Gold At The Neckline: Breakdown Or $400 Squeeze?](https://longbridge.com/en/news/298717133.md) - [Could buying this cryptocurrency make you rich?](https://longbridge.com/en/news/298811053.md) - [Alessio Vinassa Unveils an Emerging Technology Investment Approach Shaped by Financial Challenges](https://longbridge.com/en/news/298556126.md) - [With the copper price surfing all-time highs, here's what one CEO thinks about the sector long term](https://longbridge.com/en/news/298553583.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**