📈LONG: $OP by MyCryptoParadise (1D)
#OPUSDT | #OP | #Optimism
Current Price $0.79
Market Cap $1.41B
Change 1h -2.21% | 24h -2.61%
Analysis:
OP is cruising in an ascending channel since mid-June, flirting with a breakout. The support and resistance zones are in focus, offering a potential bullish continuation if the resistance is crossed and 50EMA holds firm. Watch for any traps, though!
Price Targets:
If OP breaks out, look for moderate resistance around $1.00 with a stretch to strong resistance at $1.20. On the downside, a fall below the support zone could see it dip towards $0.60 or lower. Keep those eyes peeled!
