The $OP token has officially broken out of its descending channel, signaling a potential shift in momentum! ๐
Currently, $OP is retesting the breakout zone from above, a critical moment that could confirm the start of a bullish trend. If this retest holds successfully, traders can expect a strong upward move backed by technical confirmation.
๐ Why This Matters:
Descending channels often act as accumulation zones
A breakout with a successful retest is a classic bullish continuation pattern
Traders and investors are watching closely for confirmation before entering long positions
๐ก Potential Strategy:
Wait for the retest to hold on the 1H/4H timeframes
Consider long entries with proper risk management
Targets: $2.00 short-term, $2.40+ if momentum continues
๐ Keep an eye on volume and RSI for confirmation signals.
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