Login / Join

Technical analysis by AliferCrypto about Symbol OP: Buy recommendation (5/10/2025)

https://sahmeto.com/message/3496436
AliferCrypto
AliferCrypto
Rank: 210
3.3
Buy،Technical،AliferCrypto

OPUSDT is attempting a breakout from a 14 months long falling wedge.A sustained break above the resistance in the near term would set the target at $3.80, just shy of the main $4.00-$4.80 supply zone.Key Levels to Watch• $0.55-$0.60: Main demand zone and invalidation point for the setup• $1.00-$1.20: High Volume Node and key S/R dating back to June 2023.*• $2.50-$2.80: High Volume Node and wedge high point.*• $4.00-$4.80: Main supply zone.* These could offer resistance and represent good levels for partial TPs.Error in the original post, the falling wedge is 6 months long, not 14.Everything else is correct.OP breakout confirmed, now potentially retesting the wedge upper boundary as support.

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3.8
Stop Loss Price
$0.6
Price at Publish Time:
$0.76773
Share
Signals
Top Traders
Feed
Alerts