#OP Has reached all our Targets🔥🔥

After breaking the dynamic resistance, the #OP price grew well and reached the resistance level of $4.300-$4.150. It is expected that the price will decrease to the support level of $2.920 - $2.610 and then continue to grow according to the trend line.

#OP price is still trying to break the resistance level of $4.150 - $4.300. If the price cannot break the resistance level, and break the dynamic resistance, the price will fall to the support level of $2.610 - $2.920.

The price of #OP has broken the upward trend line in the 4-hour time frame and has reached the support level of $3.350 - $3.500. The price is expected to start growing again from this area.

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At 2024-04-12 03:00 (UTC): #BAKE/BNB, #ID/TUSD, #MBOX/BNB, #OP/TUSD, #RDNT/TUSD, #UNI/BNB

#OP price has broken the ascending channel in the daily time frame. .
The price started to dump after reaching $4.8 and decreased by about 50%.
After the price reached the bottom of the channel, the Double Top pattern was completed and the price continued to dump.
The trend is still bearish and the main support level is $1.26 - $1.15. The support level of $1.75-$1.60 is also very important.

#Op price is moving in a descending channel and is now facing the resistance of 2.630-3.020 dollars.
According to the trend that has formed, the trend is still downward and the price can fall again to the bottom of the channel and reach $1.890

The #OP price reached the bottom of the ascending channel in the daily time frame, and the ascending harmonic pattern was completed.

After reaching the bottom of the channel, the price began to grow according to the formed pattern, and now it has reached the resistance level of 2.630-3.020 dollars.

The next target for the price is $4.80🚀

#OP/USDT.P Analysis

The price is consolidating within a symmetrical triangle pattern, hinting at a potential upward breakout in the current bullish market scenario. If the breakout occurs, the price could rally towards the resistance zone, offering an estimated 50% gain from the breakout point.

Timeframe: 1-Day (1D)

Trade Setup:
• Entry: On breakout confirmation.
• Stop Loss (SL): 1.48
• Target (TP): 2.86

#OP After the breakout, the price increased more than 18% from the breakout level.🔥🔥