Technical analysis by mister_dukester about Symbol OP: Buy recommendation (7/16/2025)

Today I set up a low lev (2x) long with a 7:1 rr on OPUSDT Reason being that it seems to have bottomed out. fairly close to the VAL and POC. both are at 50 cent and 55 cent respectively. I'd consider adding a little margin IF it comes close to that area. around 48/49 cents I'd consider myself out. my target is 4.50, possibly 78.6 fib at around 4 dollars I'll take some out, but the past ATH of 4.50 should be possible imho. currently the marketcap is at roughly over 1 billion. to shoot it towards 10 billion is not a big stretch. currently it followed a downtrend since the last ATH in march 24. possible reaction/rejection once more around that touchpoint. with enough volume and the correct sentiment in the market, I see it push through and retest before going towards VAH at 2.06 and the 50% fib at 2.66. all things considered, I'll take the chance.