Technical analysis by tradecitypro about Symbol OP: Buy recommendation (8/9/2025)

👋 Welcome to TradeCity Pro! In this analysis, I want to review the OP coin for you — one of the Layer 2 projects whose token currently holds a market cap of $1.39 billion and is ranked 68th on CoinMarketCap. 📅 Daily Timeframe On the daily timeframe, OP is moving within a range box between 0.521 and 0.920, which formed after a downtrend, and the price has been fluctuating in this box for several months. 🔑 One key resistance on this coin is 0.816, which can be used as a trigger for a long position. 📈 This trigger can also be used for spot buying, but given its Bitcoin pair, I prefer to take the position in futures and reserve spot buys for future triggers. 💥 For momentum confirmation of this position, we can use RSI’s entry into the Overbought zone, since RSI is currently near this area, and if it enters, it could support a strong upward move. 📊 The next long trigger is the breakout of 0.920. However, this trigger is not valid at the moment because the price hasn’t reacted to it for a long time, and in the future, if it does react, the level will likely change. In that case, I’ll update the analysis and give you the new trigger. ✔️ If OP declines, the first important support we have is 0.626. A close below this level could allow for a risky short position, but for shorts, I’ll personally wait for a break below 0.521. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️