$OP
🔍 Project Overview
Optimism is a Layer 2 scaling solution for Ethereum, using “optimistic rollups” technology to accelerate and reduce transaction fees. This project is attracting attention from the DeFi community and dApp developers due to its scalability and high performance. 
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📈 Technical Analysis
• Support: $0.68
• Resistance: $0.72
• RSI (14): ~45 – neutral
• MACD: Slight bearish signal
• ATH: $4.86 – on March 6, 2024
• ATL: $0.40 – on June 18, 2022   
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💡 Suggested Trading Strategy
• Long at: $0.68
• SL: $0.65
• TP: $0.75
• Short at: $0.72
• SL: $0.75
• TP: $0.68  
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⚠️ Note
Optimism is about to have a large token unlock on May 31, 2025, with 31.34 million OP being released. This could affect the value of OP if there is not enough absorption from the market. Investors should closely monitor this development to adjust their strategy accordingly.