Technical Analysis: $OP

/USDT 🚀

Optimism (OP) continues to show positive price action, up by 0.97% in the last 24 hours. With solid volume and key levels forming, here’s a breakdown of potential price targets and important insights for traders:

Current Data

Price: $1.88

24h High: $1.891

24h Low: $1.792

Targets 🎯

1. Short-Term Target: $1.90

The recent high of $1.891 sets a near-term target for OP. A breakout above this could push OP towards the $1.90 mark, showing continued upward momentum.

2. Mid-Term Target: $1.92

Holding above $1.90 would likely drive OP to $1.92, which is the next resistance zone. A solid close above this level would confirm a strong bullish continuation.

3. Long-Term Target: $2.00

$2.00 stands as a psychological barrier and key resistance level. Reaching this target would signify a major milestone in OP’s upward trajectory and reinforce long-term bullish sentiment.

Market Sentiment

Support Zone: $1.80 – This level is crucial to maintain if OP faces any short-term pullbacks.

Optimism's Position: As a leading layer-1 blockchain with scalability solutions, Optimism continues to attract significant interest from the market.

Track these targets closely for potential breakout opportunities. Stay updated and trade wisely!

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