📉 Review of asset $OP :
Let's analyze this asset on a 4-hour timeframe:
The price is moving in a downward direction, but we are primarily in an uptrend. We received a lot of local swaps and the price gave a good reaction in growth. Now the price is moving towards the trend line, that is, towards the resistance zone.
I expect to go long after the price consolidates above the resistance zone, thereby breaking the structure at $2.0191. After this, I expect a correction to $1.7420 to gain strength and expect further removal of liquidity that formed in the downtrend.
I expect shorts after the price breaks the support zone of $1.5872. After successfully consolidating below $1.5534, I will consider further downward movement and the price reaching the zones of $1.4790, $1.4235.
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It's the weekend, and the volatility is not encouraging; manipulations are present in a timely manner until Tuesday. Don't forget to be active and there will be more deals!🔥
🔘Long - after the price consolidates above the $2.0191 zone
🔘Short - after the price consolidates below the minimum of $1.5534
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