OP / TetherUS

OPUSDT Maintains Bearish Momentum

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OPUSDT continues its decline following the breakdown from a massive rising wedge. After a clean corrective pullback, price formed a bearish continuation structure, which has now broken into a descending channel guiding the current move.

The chart suggests further downside toward the projected drop target, which aligns with a potential re-accumulation zone for long-term positioning.

Keep an eye on price behavior as it approaches this level for possible reversal signals.

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