$OP /USDT TECHNICAL ANALYSIS: RECOVERY UNDERWAY – BULLS TARGETING A MOVE ABOVE $0.615
Optimism ($OP ) is trading at $0.608, showing a solid +3.75% gain in the past 24 hours. After dipping to a local low of $0.595, OP has bounced back and is consolidating just below the 24H high of $0.615.
📊 Key Technical Levels:
24H High: $0.615 – Immediate resistance
24H Low: $0.575 – Strong support base
Volume: 43.97M $OP / 26.39M USDT
Breakout Zone: $0.616+
Support Range: $0.603 – $0.595
Outlook:
If OP breaks above $0.615, we could see a continuation toward $0.630 – $0.650. Failure to break this level may trigger another retest of support between $0.600 – $0.595.
Conclusion:
OP is showing bullish recovery signs after a sharp dip. A breakout above resistance could reignite momentum — ideal for short-term traders watching the Layer 2 sector.
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