Psychometriks

OP vs USDT chart reclaim daily support

Long
BINANCE:OPUSDT   OP / TetherUS
OPlooks ready for a new bullish wave. bullish divergence on 12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.

Retest yellow box to enter and wait the 50% to complete next weeks

Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).

We can buy yellow area according to demand > trading volume > hence previous Price Action.

It looks like the point of interest on lower timeframes

Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Comment:
OP 7% up
Comment:
OP

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