Technical analysis by AlexeyWolf about Symbol OP on 7/6/2025

Hi traders and investors!On the daily timeframe, OPUSDT is trading in a sideways range. The price has repeatedly dipped below the lower boundary at 0.545, but each time, buyers managed to bring it back. Now, we’re seeing another attempt to return into the consolidation zone — a possible sign of renewed buyer initiative.If the price secures above 0.545, the path opens toward the next targets at 0.844 and 0.954. However, a short-term dip below 0.52 may occur within this bullish scenario.Therefore, buying becomes a priority once the price is firmly back above 0.545.This analysis is based on the Initiative Analysis concept (IA).Wishing you profitable trades!