OPUSDT Is critical Moment for OP – Will the Bulls Hold the Line?
2024-08-30

Yello, Paradisers! Are you prepared for what could be a pivotal move for #OPUSDT? Let's dive into analysis.

💎#OP has recently shown bullish momentum with a successful breakout. The price is currently testing the demand zone at $1.32, a critical level that needs to hold for the upward movement to continue toward the minor resistance at $1.98. A breakout above this zone is crucial for OP to reach our target at the strong resistance area.

💎However, if the price fails to rebound from the $1.32 support area and breaks down further, we could be in for a rough ride. In this scenario, the highest probability suggests a return to revisit the key support at $1.07—a level that hasn't been tested before and poses significant risk for OP. A bounce from here and a reclaim of the price above $1.32 is essential to secure a safe position and align with our bullish scenario.

💎The bullish outlook will be invalidated if OP’s daily candle closes below the key support at $1.07. This area represents the previous low, and a break here could lead to a new lower low, signaling a deeper dip.

Stay focused, patient, and disciplined, Paradisers.

MyCryptoParadise
iFeel the success🌴

