๐จ $OP /USDT: Testing Key Resistance โ Will the Bulls Break Through or Face a Drop? ๐๐
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๐ Market Insight:
OP/USDT is struggling near the critical resistance level at $2.60. A failure to break above this level could lead to a pullback, with $2.30 as the next support zone. Traders need to watch for a decisive move here!
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๐ฏ Key Levels to Watch:
๐น Resistance: $2.60
๐น Support: $2.30
๐ฏ Targets:
Breakout Above $2.60: Target $2.75โ$2.90
Rejection at $2.60: Downside target $2.30
๐ก Stop Loss: Place stops just below $2.45 to minimize risk.
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๐ Technical Highlights:
Resistance Retest: Price is repeatedly testing the $2.60 level.
Volume Watch: Lack of strong buying pressure may indicate a rejection.
Bearish Signal: If price fails to hold $2.50, a move down to $2.30 is likely.
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โ ๏ธ Trade Strategy:
Long Entry: Confirm breakout above $2.60 with high volume.
Short Entry: Rejection near $2.60 with signs of weakness.
๐ Will OP break through or pull back? Stay sharp and plan your trades wisely! ๐๐