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Technical analysis by CryptoAnalystSignal about Symbol OP: Buy recommendation (6/18/2025)

https://sahmeto.com/message/3602418
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 26884
0.7
Buy،Technical،CryptoAnalystSignal

#OPThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.544.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are heading toward stability above the 100 moving average.Entry price: 0.564First target: 0.581Second target: 0.602Third target: 0.626

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.56375
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