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.
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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Forex zone: t.me/+piiPgrNtrulkNDk0
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📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
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📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.