🚀🔥 $OP /USDT 1-hour chart on Binance shows the following key insights:
📈 Current Status
Price: $0.586
Change (24h): +4.83%
24h High: $0.623
24h Low: $0.548
Volume:
OP: 37.38M
USDT: 21.95M
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🔍 Technical Analysis
Strong Upward Move: The price surged from around $0.548 to a peak of $0.623.
Sharp Rejection: After hitting the peak, OP faced selling pressure, dropping back to the $0.57 range.
Short-Term Support: Around $0.570 appears to be a local support zone.
Current Action: Attempting a recovery from the recent pullback, now consolidating near $0.586.
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🎯 Potential Price Targets
If bullish momentum continues:
1. Target 1: $0.600 – minor psychological and resistance level.
2. Target 2: $0.623 – retesting recent local high.
3. Target 3: $0.645 – possible breakout extension if volume sustains.
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