OP/USDT

The asset on the 4H timeframe is showing a gradual recovery, currently trading at $1.2018, after bouncing from recent lows.

🚨Trend & Structure Analysis

The overall trend remains bearish, with a notable downtrend over the past few weeks.

Price has been forming higher lows, indicating potential accumulation, but no clear breakout yet. Immediate resistance sits around $1.22-$1.25, while support is near $1.12.

📈 KEY LEVELS:

• Support: $1.12 (previous consolidation zone).

• Resistance: $1.22 - $1.25 (key breakout zone).

‼️Outlook & Trade Plan

Bullish scenario: If price breaks and holds above $1.25, a push towards $1.35-$1.40 is possible.