$OP

The current price of Optimism (OP) is approximately $0.61, down by 5.4% over the past 24 hours, and by 21.6% over the past week.

Brief Technical Analysis:

• Overall trend: Bearish in the short term, with a continuous decline in price.

• Current support: Around $0.60, which is a critical level to watch.

• Next resistance: Ranges between $0.65 – $0.70, and breaking through this level could be a positive signal.

• Technical indicators: Indicate weakness in bullish momentum, which may lead to further declines if support levels are not maintained.

Future Forecast:

• In the short term: The price may experience fluctuations between $0.60 and $0.70, with the possibility of technical bounces.

• In the long term (2025): Forecasts suggest the price could reach between $0.84 and $1.12, depending on market developments.

Note: Please exercise caution and manage risks carefully, especially amid the current market volatility.