$OP Analysis 🚀
Optimism (OP) experienced significant volatility over the past week. On Friday, the price plummeted over 6%, dropping below $0.60 to settle at $0.590. It rebounded slightly on Saturday with a 1.58% gain but fell again on Sunday by 1.31%, closing at $0.592. On Monday, OP hit an intraday high of $0.617 but lost momentum, declining nearly 2% to $0.581. The downward trend continued Tuesday with a 4% drop to $0.561. On Wednesday, intensified selling pressure pushed OP to an intraday low of $0.534, though it recovered slightly to close at $0.561.
On Thursday, OP saw a slight uptick, reaching $0.564. However, bearish pressure resumed on Friday, with a 5% drop to $0.536. The decline deepened on Saturday, with OP falling nearly 6% to $0.505. Sunday saw further losses, with an intraday low of $0.459, though it recovered to close at $0.486, down nearly 4%. In the current session, OP is up 1.33%, trading near $0.492. Buyers aim to regain control and push the price above $0.50.
