$OP / USDT Showing Resilience Around $0.70 on Binance - Next Move? š”ļø
Looking at the $OP / USDT 4-hour chart, we're seeing the price consolidating around the 0.700 USDT level. While it's down slightly by -1.27% in the last 4 hours, it's still up a solid +4.48% for the day.
After testing the 24-hour high of 0.718 USDT, $OP has retraced slightly but is holding above the key 0.70 USDT mark. This could indicate a period of consolidation before the next significant move.
Key Levels to Watch:
* Resistance: The recent high of 0.718 USDT is the immediate resistance. Breaking above this could signal renewed bullish momentum, potentially targeting higher levels.
* Support: The 24-hour low of 0.670 USDT is acting as a strong support zone. Holding above this is crucial to maintain the current positive outlook.
What's your prediction for OP in the short term? Do you anticipate a break above resistance soon, or will we see more sideways action before the next trend emerges?
Let's share your analysis and trade strategically!
