Compression Zone by Bullish Signal, wait for breakout

2023年9月19日

Chart 4H TF


OP is trading at 1.39x now
OPUSDT has support at 1.36 and lower at 1.32 and resistance by descending trend line

OP is in compression zone and when it's done, massive move will happen.
I think 3 scenarios for this case:

#1


#2


#3


I think some signals support for bullish, so I will wait for a breakout

Wait and see