📈 Technical Analysis – Is the price explosion of $OP approaching?!

The Optimism (OP) coin is currently recording tight fluctuations near strong support at $1.72. Indicators like RSI show oversold conditions, while Bollinger Bands are tightening more than usual, which may signal an upcoming price explosion.

🔍 Technical Indicators:

RSI: below 35 → Potential rebound opportunity

MACD: Negative crossover but approaching equilibrium

Next resistance: $1.89

If support is broken: $1.60$ is the next target

🎯 My Opinion: We will monitor the price behavior in the coming hours. Safe entry is after confirming a break or breach.

🗣️ Do you think $OP will witness an upward explosion soon? And why? #Technical_Analysis #CryptoAnalysis #BinanceSquare