$OP | Breakout Confirmed
$OP has just made a strong move above the neckline of a clear inverse Head & Shoulders structure.
▸ Neckline: ~$0.0865
▸ Current: ~$0.0895
▸ Key resistance: ~$0.0910–$0.0920
▸ Pattern target: ~$0.0915–$0.0920
The breakout came with a sharp momentum expansion, pushing price back above the 9 EMA and 50 SMA.
A sustained hold above the neckline would strengthen the bullish structure.
Structure first. Confirmation over prediction.
#OP #Crypto
$OP has just made a strong move above the neckline of a clear inverse Head & Shoulders structure.
▸ Neckline: ~$0.0865
▸ Current: ~$0.0895
▸ Key resistance: ~$0.0910–$0.0920
▸ Pattern target: ~$0.0915–$0.0920
The breakout came with a sharp momentum expansion, pushing price back above the 9 EMA and 50 SMA.
A sustained hold above the neckline would strengthen the bullish structure.
Structure first. Confirmation over prediction.
#OP #Crypto