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trieutv
Jan 29, 2024 3:27 PM

Short potential Short

OP / TetherUSBinance

Description

On day chart


I see the support around $2.4

On 4h TF


After OP breakdown $2.9 it made another structure from up to down if OP close below swing low $2.615 so need to wait for confirmation

OP has resistance around $3.25 and strong support around $2.4 this level is target for short position

Time will tell
Comments
MyCryptoParadise_Nathan
Well-analyzed! The identification of OP resistance at $3.25 and strong support around $2.4 on the 4h TF provides valuable insights.
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