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Technical analysis by BurnLee about Symbol OP: Buy recommendation (6/14/2025)

https://sahmeto.com/message/3599831
Buy،Technical،BurnLee

A potential long entry could be around the current price range of 0.5864 to 0.5814 USDT, as the price seems to be bouncing off a recent support level near 0.5585. Before entering, it's important to confirm the move with a bullish candlestick pattern like a hammer or engulfing candle, check for a bullish MACD crossover, and ensure the RSI is trending upward but not yet overbought. For risk management, a stop-loss can be placed just below the recent support at around 0.5585 USDT, while the take-profit target could be set near a previous resistance zone, around 0.6276 to 0.6600 USDT, aiming for a favorable risk-reward ratio

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$0.5994
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