📈LONG: $OP (4H)

#OP USDT | #OP | #Optimism

Current Price $2.17

Market Cap $2.38B

Change 1h -0.60% | 24h +5.45%

4-Hourly Indicators:

• RSI: 50 - Neutral 🟠

• MACD: -0 - Bearish 🔴

• EMA: 2.19 - Below 🔴

Analysis:

#OP/USDT is approaching a diagonal trendline on the 4-hour timeframe. We're looking for a breakout or retest to go long. Reclaiming $2.27 as a support level is crucial to turning bullish. Keep an eye on the price action near this trendline for potential moves.

Price Targets:

If the breakout is confirmed, the first price target is $2.27. The next significant resistance levels to watch are $2.3532, $2.6000, and a strong high target of $3.0302 for an extended bullish move

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