After the rain, the sky will be bright. This market is like that, the more you panic, worry, sell out and then jump to virtual gain coins, that's the moment you lose. Believe in reputable coins with a history of development. And wait for the explosion when sharks and whales gather

📈LONG: $OP (1W)
#OPUSDT | #OP | #Optimism
Current Price $1.77
Market Cap $1.93B
Change 1h -0.25% | 24h -11.07%

Weekly Indicators:
• RSI: 37 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 2.62 - Below 🔴

Analysis:
OP has been trading within a bullish channel for the past two years. Despite a recent drop, the price is approaching the channel's bottom support. A bounce here could offer patient bulls a lucrative opportunity, anticipating a significant gain if the trend holds strong.

Price Targets:
If OP bounces from the channel's support, bulls can eye a target of $7. A prudent stop loss should be set below the previous long-term swing low at around $1.55 to manage risk effectively.$OP
#DYOR