Optimism Next Wave: Mid-Term Targets Uncovered

We are not taking OPUSDT fundamental factors into account because, let’s be honest, they have absolutely no impact on the price movement on the chart!
We’ll focus exclusively on the price action setup. For over a year, we’ve been in a downtrend.
Nothing can fall forever, so considering the seasonality and the ongoing QE, I expect the price to find support in a small demand block (to cover the October 10 wick), followed by an impulsive upward move and a structure break on the weekly timeframe.

After that — a test of the weekly FVG and a continuation toward the Weekly Order Block and buyside liquidity zone.

Once the targets are reached, I will update this idea.
If the price moves below the October 10 wick, we enter a free fall into the price discovery zone.