OPUSDT: Bull Run or Fakeout? Critical Retest Incoming!
2024-10-09

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🌴
