Technical analysis by THESOUMYOROY about Symbol OP: Buy recommendation (2/13/2024)

OPUSDT 1D #OP(OPTIMISM) is currently trading at 3.731 and undergoing corrective moves on the daily timeframe. Nothing new for #OP! The price range of $3.570 to $3.972 has always acted as a strong zone of RESISTANCE for #OPUSDT. Since December 2023 the price has tried multiple times to break above $4 so far has failed to do so. However, things might shape POSITIVELY for #OP as we can see multiple M.A. supporting the price, and we must not forget about the TOKEN unlock that's supposed to happen by FEBRUARY end which can also acts as a double edged sword. SO SHORT TERM BEARISH! LONG TERM BULLISH! But Things might also change depending on the overall market movement! DYOR (DO YOUR OWN RESEARCH) Hit 🔥 if you guys want more pairs analysis. #OPUSDT #crypto #marketpdates #thesoumyoroyanalysis