$OP$: Bullish 🐂 [Extended Analysis]

What’s up: The $OP$ token displays an ascending channel that is easily noticeable on high timeframes. Additionally, a Bullish Pennant has been identified on the H4 Timeframe. Although a pullback is expected within the daily golden zone before the H4 breakout, the trade is being extended to a medium-term duration of 2-3 months due to macro uncertainty, and the stop-loss level is being adjusted accordingly.

The Long-Term Play: 2-3 months
4.27-to-1 PL Ratio.
Entry: 2.5041; Target: 5.5375; SL: 1.7938.

TA Methodologies:

1. Supply & Demand Theories
2. Price Momentum
3. Fibonacci Retracements & Extensions SR Zones
4. Trendline Breakout
5. RSI Movement Strengths

Disclaimer: I would like to make it clear that I am sharing my analysis as a means of documenting, refining, and enhancing my thinking process. It is important to note that none of the information I provide should be construed as financial guidance. It is advisable that you conduct your own research.