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OPUSDTPERP

OPUSDTPOP price action has played within a descending channel for 115 days now. Twice has it tried to break out of it to the upside, with failure as sellers promptly send price crashing to the floor of the channel the 1st time, and an adjacent support trendline the second time. However, there have been 2 wicked breakouts to the downside, suggesting a demand liquidity pool that has been induced but not mitigated just yet. With BTC likely to test the 15k and 14ks to tap demand liquidity, I expect OP to drop in for a liquidity tap as well, buoyed by the support right there (so pA does't fall off), and then a subsequent retest of the strong resistance at $1.4. My money is on bulls flipping that resistance to support this 3rd time of asking, for price to go on to test the $2.2 ATH region and likely, price discovery.
Long
by KayKayKay2021
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
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
Optimism OP price has been moving in its own "special way"Today, NASDAQ:OP #Optimism has attracted attention because it is not falling in line with CRYPTOCAP:BTC and other altcoins. In fact, for the past two weeks, the #OPUSDT price has been moving in its own "special way". Perhaps there is already some fundamental news ready for this price movement, do you know anything? Share in the comments. The critical level below is $2.30. If buyers hold on, then theoretically, the OP price could start to rise dynamically. Up to $3.40, or maybe even $4.40, or maybe even higher) Let's wait and see) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade