$OP Liquidation Update

A total of $82,800 in #OP shorts were liquidated at $2.171, signaling a sharp move in the market that caught bears off guard.

This liquidation event highlights the strength of the current upward momentum in the Optimism (OP) market, where a surge past key resistance levels has forced short positions to close.

Key Details:

🔹 Amount Liquidated: $82.8K

🔹 Price Trigger: $2.171

🔹 Market Action: Short squeeze in effect

Technical Insights:

With $OP now trading above the $2.15 level, traders should look for potential continuation signals.

A sustained push above $2.20 could pave the way for further bullish movement, potentially testing higher resistance zones.

What’s Next for $OP ?

Short-term momentum appears bullish, but as always, traders should remain cautious of pullbacks.

A failure to maintain the current price level could lead to retesting lower support levels.

Stay alert for any shifts in market sentiment, as these movements can be fast-paced in the volatile crypto space.

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