🚀 🚨Optimism ($OP ) Eyes a Bullish Breakout! 🔥🌟💥
Optimism ($OP ) is forming a classic ascending triangle pattern, signaling a potential 24% price surge if it breaks the $1.18 resistance level. With trading volume up by 21.38% and whales accumulating, bullish momentum is building. Analysts highlight OP’s strong 0.93 correlation with Bitcoin, meaning BTC’s movements will heavily influence OP’s next move. Additionally, exchange net flows of -$1.7M suggest tokens are leaving exchanges, hinting at possible whale accumulation or a short squeeze. With RSI rising from 36 to 49 and long positions outpacing shorts, traders should watch for a breakout confirmation. A surge above $1.19 could trigger significant gains, making this a key moment for OP traders! 📈🔥
#Optimism #OPBreakout #CryptoTrading #BullishMomentum #BitcoinCorrelation