The price of optimism ($OP ) has seen a sharp decline of 17% over the past seven days, raising concerns among investors.

Nonetheless, technical analysts are closely monitoring potential price reversal indicators as the currency tests historical support levels and forms a bullish divergence pattern on its chart. The currency is trading at $0.5612 at the time of publication.

Potential for increasing bullish divergence

According to market analyst Michael van de Poppe, optimism shows signs of forming a significant bullish divergence. Notably, its price hovers around the support level of 0.00000053, indicating a potential base formation.

A breakout above the 0.00000080 level could invalidate the bearish trend and spark a bullish rise. Van de Poppe believes this turning point is imminent, suggesting that optimism could soon become a strong buying opportunity if momentum continues to grow.

Momentum indicators remain bearish at this time

The daily chart for the price of pair #OPUSDT ,

Currently, the relative strength index for stock $OP

Level 38.76, which is very close to the oversold area. If it continues to rise towards the 50-60 range, it could confirm a shift in sentiment. Despite early indicators of a trend reversal, the moving average convergence divergence (MACD) remains in negative territory.

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With MACD values of 0.0396 and 0.0343, the indicator currently supports a bearish scenario. The chart remains below zero, confirming weak momentum. However, these values are relatively shallow, allowing for a quick turnaround if trading volume increases and the relative strength index rises further.

Capital flows indicate a possibility of a rebound

Recent capital flow data paints an accurate picture. Between August 2024 and June 2025, the Orange exchange experienced fluctuations in inflows and outflows. Interestingly, there is an inverse relationship between large net inflows and price movement. For instance, sharp outflows in late January 2025 coincided with significant price declines.

On June 20, 2025, a net inflow of $278.77 thousand was recorded, coinciding with a slight rise in prices to $0.563. This slight recovery indicates increasing buyer interest and early signs of liquidity accumulation.$