OP / TetherUS
Short
Updated

OPUSDT in a downtrend now (50 % profit)

985
OPUSDT looks like it's ready to dump .
The price broke the upsloping support.
We may see a bounce and the rejection from the line which should be acting as a resistance now. However, the dump without the bounce is also likely.

RSI in a downtrend. Hard to imagine OPUSDT carrying on the uptrend in a short-term.

Take profit levels and final target are shown on the chart. Over 52% to be made here.
If the price reclaims the upsloping support, it would be a clear invalidation of our thesis.

Good luck
Trade active
dumping hard. First take profit level has been reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.