The OP/USDT chart shows an interesting scenario where the token is currently at a strong support level with increasing buying pressure. However, the sellers are also consolidating the market and aiming to take the price down.
This means that there is a tug of war between the bulls and the bears in the market, and traders need to be cautious when making trading decisions.
To maximize profits, traders should look to enter the market at the buying area between 1.5730 and 1.7393 levels, where there is a high probability of a price bounce.
Once the price bounces, traders can take profits at the resistance levels of 2.0688 and 2.1582.
#plan your trade trade your plan
This means that there is a tug of war between the bulls and the bears in the market, and traders need to be cautious when making trading decisions.
To maximize profits, traders should look to enter the market at the buying area between 1.5730 and 1.7393 levels, where there is a high probability of a price bounce.
Once the price bounces, traders can take profits at the resistance levels of 2.0688 and 2.1582.
#plan your trade trade your plan