$OP bounced above $0.77 - Bulls preparing
The "Optimism" (OP) stock has risen more than 6% in the past 24 hours, bouncing strongly from the support level of $0.71, and is now stabilizing around $0.77. Buyers are showing strength with increased trading volume.
📊 Setting up a buy trade on the "Optimism"/USDT pair
Entry zone: 0.770 - 0.780
Stop loss: 0.740
Target 1 (TP1): 0.800
Target 2 (TP2): 0.820
Target 3 (TP3): 0.850
Trading idea
If the "Optimism" stock maintains the level of 0.77 and breaks the level of 0.78 with continued momentum, bulls may push the price towards 0.85 in the short term. Watch for a strong candle close above the resistance level for confirmation.