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OPUSDT

SasanSeifi| Bullish Trend Building as $1.90 Holds!Hey there, ✌ In the daily time frame, as you can see, the price of BINANCE:OPUSDT has been oscillating with a slight increase after holding the $1 level for a relatively long period. After an initial rise and hitting a supply zone, the price has returned to the demand zone around $1 and, after reaching this level, we have witnessed another slight increase. Currently, as shown in the chart, the long-term downward trendline has been broken in the daily time frame, and the price is moving toward the $2 level. This break in the downtrend could indicate a potential trend reversal and the beginning of a new upward movement. Considering the overall market conditions and existing demand, the likelihood of continued price growth in the short and medium term has increased. One scenario we can consider is that if the price stabilizes above the supply zone, which is currently near the $1.90 level, we can expect OP to move toward higher levels. In this case, mid-term and long-term price targets could range from $2.20, $2.50, to even $3. The key support zone on the daily time frame for OP is at the $1.50 level. 💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions! Happy trading!✌😎 Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Long
by SasanSeifi
Optimism OP Became Optimistic AgainHello, Skyrexians! We continue analyze altcoins with big potential for the bull market. Couple of days ago we have already observed another one layer 2, today it's time for BINANCE:OPUSDT . Price of this crypto formed very interesting formation which can confuse most of traders. We analyzed it using the combination of Elliott waves analysis with our algorithmic indicators. Hope it will give you enough knowledge to make your own decision. On the price chart you can see the weekly time frame. We can consider all movements as the large accumulation zone because Optimism appeared in the most severe stage of past bear market. Its first growth is more likely to be the wave 1. After that we can see almost the same formation as for Arbitrum. This is the irregular correction in the wave 2, which consists of ABC waves. Wave C is likely to be finished. It touched the 0.61 Fibonacci retracement zone and Bullish/Bearish Reversal Bar Indicator printed the green dot. This is very high probability long setup. You can see earlier on the chart that this indicator flashed the red dot and after that we have see the huge bearish wave. We need to pay attention to its signals. The next potential move is the global wave 3. It can happen very fast and the target for it is defined by the Fibonacci extension. This is the zone between $7.71 and $11.68. Lower band of the zone is almost 10x from the current price. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
op goes to $32gm, read that title again, and let it sink in. --- optimism has been expanding extremely quickly over the last year,,, from large players like coinbase creating base on the chain, to a conglomerate like sony in the works of creating soneium... this is a rapidly growing chain, and there are incredible builders creating something truly magnificent as we progress into the future. --- optimism to me personally looks really good. there are a few ways i can label it, but this particular way is currently my favorite way, and it's is the "conservative" way. --- my conservative upside target on this project sits at $32 near the height of the upcoming alt-season. i do predict that it will most certainly go higher after, but that'll be an extreme which will be more than worthy of selling into. --- tldr; op to $32 as alt season begins.
Long
by Eloquent
2
Optimism (OP) Optimism is a layer two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.Optimism is one of the biggest scaling solutions for Ethereum with over $300 million in TVL. Optimism price today is $1.23 with a 24 hour trading volume of 270 million dollars, OP price is up 15% in the last 24 hours after a little correction OP can hit 1.3 and 1.5 did you manage to buy OP at 0.8$?
by moonypto
15
OPUSDT: Bull Run or Fakeout? Critical Retest Incoming!Yello Paradisers! Is #OPUSDT about to face a significant test of its bullish strength? The pair has been respecting an ascending support trendline, with multiple taps followed by strong upward movements. Recent price action has shown OPUSDT making higher highs and closing firmly above key levels. 💎#OPUSDT is trading above both the 100 and 200 Moving Averages (MAs), indicating that the bulls are still in control. However, a potential retest of the trendline is on the horizon, which also aligns with these MAs, making it a crucial level to watch. 💎The probability is now that OPUSDT will move towards trendline , tap and then will be facing 1.9033 Minor resistance that could stall upward momentum and 2.21 - 2.32 – Strong resistance zone that could determine the next big move. 💎If we see a 12-hour candle closing below the MAs and the support zone at $1.4054, this would signal a breakdown and invalidate our bullish thesis, potentially shifting the momentum to the downside. Keep these levels on your radar, Paradisers, and trade cautiously! The next move could define OPUSDT’s trajectory for the weeks to come. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
#OP (SPOT) entry range( 0.13 - 0.17) T.(3.560) SL(1.271)BINANCE:OPUSDT entry range ( 0.13 - 0.17) Target1 (2.440)- Target2 (3.560) 1 Extra Target (optional) in chart, if you like to continue in the trade with making stoploss very high. SL .1D close below (0.3832) *** collect the coin slowly in the entry range *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #OP ****
Long
by Crypto_alphabit
2
OPUSDT: Is a Major Move Brewing? Time to Watch Out !Yello, Paradisers! Have you noticed #OPUSDT’s recent action? It’s been battling at key levels, and a potential explosive move is on the horizon. Could we be heading towards a breakout, or is there a pullback looming? Let’s break it down 💎#OPUSDT has been trading within an ascending triangle, consistently tapping its previous resistance zone. This structure shows bullish pressure, as the price keeps respecting its ascending support, indicating the buyers are firmly in control. 💎Recently, OPUSDT broke through its resistance level and successfully retested it, further solidifying the upward trend. The next major target sits at the $1.78 resistance zone. 💎If strong buying volume kicks in, OPUSDT could surge towards the next resistance cluster around $2.03 - $2.13. This level, however, could pose significant resistance. Pay close attention to this zone. 💎Despite the breakout, there’s always the possibility of a retracement. OPUSDT could dip towards a major support zone, regroup, and make another run toward resistance. 💎Watch for the 8H candle close below $1.335. If this level breaks, it could invalidate the bullish structure, signaling a move down to test further supports. As always Paradisers, patience and discipline are key. Only the most strategic Paradisers will catch the right entry points here. Stay focused, trade smart, and keep an eye on those critical levels if you want to be on the winning side of this market! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
DreamAnalysis | OPUSDT Possibility of Breakout and First Bullish📚 Welcome to Your Usual Channel, DreamAnalysis! ✨ Today, we’ll be taking a look at one of Ethereum’s layer-2 projects, Optimism (OP), and see when we might consider buying during the bull run. 🛠️ About the Optimism (OP) Project : Optimism is a Layer 2 solution for the Ethereum network, designed to improve scalability and reduce transaction costs using Optimistic Rollups. This platform allows developers to deploy decentralized applications (dApps) with higher speed and lower costs, while maintaining the security of the Ethereum main layer. 📊 Weekly Time Frame : On the weekly time frame, we can observe that OP hasn't experienced a major bull run yet and doesn't have much historical data. After breaking the downward trendline and pulling back toward the 1.196 support, we saw a drop in bearish volume, and sellers lost strength. For some time, the price has been ranging between the 1.196 support and the 1.957 resistance, without any significant movement. Enter after breaking the 1.957 resistance. If you're currently in a loss, you could use DeFi and staking to break even or cash out your coins if the 1.196 support is broken. 💡 Daily Time Frame: On the daily time frame, we had a strong downtrend, but during these bearish waves, fewer red candles were recorded, and we didn’t make lower lows compared to the previous waves. This indicates buyers are back in the market. After breaking the long-term downtrend and touching resistance, the price pulled back and once again headed toward the 1.626 resistance with decent volume. If the resistance is broken, you can even enter for spot buys with a stop-loss around 1.446, due to the higher lows according to Dow Theory. Volume increase , Break of the RSI resistance at 59.96, which will confirm the strength of the move. 📊 4-Hour Time Frame : In the 4-hour time frame, we're in a long-term range box, where the buyers seem to have the upper hand. Last time, the price didn’t even drop to the bottom of the range; it bounced back from the middle and moved toward the resistance. 📈 Long Position: After the 1.626 breakout, make sure to take a long position and follow the potential bullish trend. 📉 Short Position: Currently, we don't have a clear short trigger, unless the resistance breaks fakely, which would be a fake breakout, or if the price drops below 1.395. Right now, opening a short position is quite difficult. 💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze. 📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
Long
by DreamAnalysis
3
OP ANALYSIS (4H)From where we placed the green arrow on the chart, it seems OP has entered a bullish phase. The Boolean phase pattern looks like a diametric or triangle. If the demand 1 range is lost, the pattern is confirmed to be a triangle, but if the price is rejected upwards, the pattern is diametric. What seems certain now is a drop to the demand 1 range The structure and movement path that we intend for OP is clear on the chart. Closing a daily candle will invalidate the analysis level. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
Breakout Alert: #OPUSDT has Broken Above the Falling WedgeYello, Paradisers! Are you ready to capitalize on the next big move in #OPUSDT? We've been laser-focused on #Optimism as it navigates a critical juncture, and it’s time to assess whether the bulls can take charge or not: 💎Currently, OPUSDT is showing promising signs of a bullish continuation from the bullish Order Block (OB) around $1.27. The falling wedge formation we've been tracking has broken to the upside, and momentum is building within this crucial demand area. 💎If this momentum persists, we could be on the brink of a strong bullish surge. But to confirm this bullish scenario, #OP must break above the minor resistance level at $2.02. We could witness a significant rally if this resistance is successfully breached, with the target set at the major resistance zone. 💎But don't let your guard down. If the momentum weakens and OPUSDT breaks below the bullish OB, we could see a dip toward the lower support zone between $1.06 and $1.15. 💎If the price continues to decline and we see a daily close below this area then it would invalidate the bullish outlook and might lead to further declines. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon