$OP is trading within a symmetrical triangle pattern, indicating a consolidation phase. The price is holding above the strong demand zone near $1.20, providing solid support. The key support line and the demand zone are crucial for maintaining the bullish structure.
On the upper side, the resistance line has been tested multiple times, marking it as a strong level to watch. A breakout above this resistance line could trigger a significant bullish rally. Conversely, a breakdown below the demand zone might signal bearish momentum.
