$OP /USDT:

1. Support and resistance:

• Strong resistance: 1.881 (recent peak).

• Major support: 1.475 (recent bottom).

• Currently, the price is testing the slight support zone at 1.728.

2. EMA (9, 21):

• The price is between the EMA(9) and EMA(21), indicating that the bullish momentum is slowing down after a strong recovery. If the price holds above the EMA(21), the uptrend may continue.

3. Short-term trend:

• A significant increase has been formed, but there are signs of correction after hitting resistance.

4. Trading volume:

• Volume is quite large, indicating that there is still significant interest from the market.

Conclusion:

• Upside strategy: If price breaks above 1.739 with increasing volume, it could retest the resistance zone at 1.881.

• Downside risk: If the EMA(21) around 1.712 is lost, the price could fall to deeper support at 1.597 or lower.

• Need to monitor the short-term price reaction to decide.