OP token's price trends! OP, a layer2 protocol, is currently situated at a crucial juncture with its vertical support at 1.42. In this video, we delve into the possible scenarios that might unfold based on its current trading position. 🔍 Analysis Highlights: Vertical Support at $1.42: We're keeping a close eye on OP's performance at this level. Should the...
Our analysis reveals that a breach of the 0.90 USDT support level might trigger a potential downward move, potentially leading ARB towards the 0.80 - 0.70 USDT range. We explore the risk/reward ratio that could favor a short position on ARB, especially if a retest of the broken support as resistance occurs. However, it's paramount for traders to comprehend the...