OP

--- 📢 Signal Alert 🔹 Pair: OP / USDT 📈 Trade Type: Long 💰 Entry Zone: 0.3783 🎯 Take-Profit Targets: TP1 = 0.3837 TP2 = 0.3899 TP3 = 0.3995 🛑 Stop-Loss: 0.3730 📊 Timeframe: 1H ⚖️ Risk/Reward Ratio: 4.24 📌 Suggested Leverage: 5x–10x 🔄 After TP1 is reached, move Stop-Loss to Entry to secure profits. --- 🧠 Technical Analysis Explanation OP is showing bullish recovery signs after a strong reaction from the 0.373–0.375 demand zone, where buyers previously entered aggressively. The market structure on the 1H timeframe is attempting to shift upward, with price now testing the EMA 50 as dynamic support. Momentum indicators such as RSI are turning positive above 50, suggesting that bulls are regaining control. The entry level at 0.3783 represents a favorable position near a support retest, allowing for an attractive risk-to-reward ratio of 4.24. Targets are placed at short-term resistance zones derived from Fibonacci retracements and previous supply levels. The stop-loss at 0.3730 is well-protected under local structure to minimize risk. ⚙️ Trade Management Tip: Wait for a bullish 1H candle close or engulfing pattern near entry before entering. Once TP1 is hit, shift SL to entry and trail profits gradually toward TP3. -

Since 2024, OP has been falling inside of a wedge, and it recently broke out and has now backtested it. We've also formed a capitulation low on Oct 6th, and now we look set to make a move higher. I think we could see between a 2x-10x move from here potentially all the way up to the top of the range. Let's see how it plays out over the comings weeks.

OPUSD has an imperfect potential Bullish Crab Harmonic pattern down here in the dumpster at the June 2022 lows there on the left. The RSI is showing some classic bullish divergence. It seems like there could be at least some kind of exhaustion rally soon even if it just manifests into another lower high. Performance on these alt coins has been abysmal, but maybe some bids can come in. Let's see what happens.

There's also an interesting entry point on OP #Optimism. The trade is almost 1 to 5. Entry: $0.4059 Take Profit: $0.5015 Stop Loss: $0.3849 It looks a lot like a false breakdown downward and growth along with Bitcoin and Ethereum is quite possible. Short traders' liquidity has already accumulated. #Crypto #Trading #DayTrading

OP is currently bound within a consolidation range, showing signs of a potential order block formation—a zone where larger players may be accumulating. These structures often precede impulsive, expansive moves once the range is broken. We're seeing tight price action between $0.400 and $0.410, which could act as a springboard. 🔍 The RSI is deep into oversold territory, signaling that the selling momentum may be fading. This aligns with the idea of a reversal or breakout from the current accumulation zone. Watch for volume spikes or candle structure shifts as potential early signals. 📊 Trade Idea: Entry Zone: $0.400 – $0.410 Take Profit Targets: $0.462 → $0.499 → $0.570 Stop Loss: Below $0.39

4hr is saying going long.... (The daily says short) Doing some testing to see how well this Algo maps things out.

Testing the new Algo on OP USD Daily Says short...with price targets... but everyone is saying ALT Season is coming...so lets see how this works out. No actual position open

The chart is obvious, OP was a disappointment for me too. But now I think there will be signs of a return from here. It may stay at these levels for a short time and make upward attacks. YTD SAYS.

Optimism (OP) is standing at a critical crossroads after a long and steady downtrend that has persisted since mid-2024. Price is now testing the major support zone between 0.405–0.476 (yellow block) — a historical demand area that once marked the beginning of a major rally in the past. The deep wick below this area indicates a liquidity sweep, suggesting that larger players may have flushed out retail stop-losses before positioning for the next major move. This zone is not just a number — it represents the psychological line between capitulation and accumulation. While the macro structure still shows lower highs and lower lows, the reaction in this support range will determine whether a mid-term reversal can begin or if the macro downtrend continues. --- Pattern & Structure Analysis Main trend: Bearish, with continuous lower highs and lower lows. Yellow block (0.405–0.476): Key historical demand zone that previously triggered strong accumulation. Long wick below: Possible false breakdown or stop hunt, indicating liquidity absorption. Potential setup: Early formation of a double-bottom pattern if price holds above 0.405 and reclaims higher resistance. --- Bullish Scenario If price strongly bounces from 0.405–0.476 and successfully closes above 0.6399 (5D timeframe), it could confirm the start of a mid-term reversal. Initial target: 0.8754 Next target: 1.1797 Bullish confirmation: 5D close above 0.6399 with rising volume. Invalidation: 5D close below 0.405. This zone offers potential accumulation for swing traders, but confirmation from volume and structure is essential before committing. --- Bearish Scenario If OP fails to hold 0.405 and closes below this support zone, the bearish momentum will likely accelerate. First target: 0.23 (previous liquidity sweep low). Bearish confirmation: 5D close below 0.405 with strong selling volume. Invalidation: 5D reclaim above 0.6399. A clean breakdown would confirm a continuation of the macro downtrend, signaling a deeper capitulation phase. --- Market Narrative The 0.405–0.476 zone is where buyers and sellers face their final test. This is the battlefield between smart money accumulation and bearish momentum exhaustion. A strong bullish reaction here could indicate that smart money is stepping in, while a failure to hold could lead to the final flush before a long consolidation phase. This is the zone that will define whether OP finds its true bottom or enters another leg down. --- Technical Summary Support zone: 0.405–0.476 Nearest resistance: 0.6399 Bullish targets: 0.8754 → 1.1797 Bearish target: 0.23 Main trend: Bearish Timeframe: 5D (mid-term outlook) --- #OP #Optimism #OPUSDT #CryptoAnalysis #TechnicalAnalysis #PriceAction #SupportAndResistance #CryptoTrading #MarketStructure #SupplyDemand #CryptoOutlook #BullishScenario #BearishScenario #AltcoinAnalysis

Optimism (OP) is currently consolidating within a major accumulation zone between 0.72–0.60, which has acted as a key macro support since the sharp decline from the 4.8–5.0 peak. This range represents a crucial battleground between buyers and sellers — where selling pressure is fading and early signs of base formation are emerging. --- Technical Structure Current Phase: Sideways consolidation after a prolonged downtrend. Yellow Zone (0.72–0.60): Strong demand area and macro support tested multiple times. Key Resistance: 0.8858 — the upper boundary of the range that will define the next major direction. Potential Pattern: Developing rectangle accumulation or rounded bottom base above demand. Volume Behavior: Decreasing gradually, indicating quiet accumulation by long-term players (smart money phase). --- Bullish Scenario A confirmed breakout and close above 0.8858 would mark the end of accumulation and the start of a potential mid-term uptrend. Projected upside targets: 1.20 → breakout validation zone 1.80 → main swing target 2.55 – 3.00 → mid-term expansion target if momentum continues Additional confirmations: Rising volume during breakout. Successful retest of 0.8858 as new support. Formation of higher lows above 0.72. > “Reclaiming 0.8858 could transform this quiet range into the ignition point of a new bullish phase.” --- Bearish Scenario If the price closes below 0.60, the accumulation structure would fail and likely lead to a macro continuation to the downside. Downside targets: 0.50 – 0.45 → minor support 0.3953 → major historical low and potential capitulation zone Such a breakdown would confirm renewed selling dominance and a possible search for a new long-term bottom. --- Conclusion The 0.72–0.60 range is the critical decision zone for OP’s next major move. As long as the price holds above this level, the bias remains neutral-to-bullish, supported by signs of accumulation. A breakout above 0.8858 could mark the beginning of a new uptrend, while a breakdown below 0.60 would signal continuation of the broader downtrend. > “Calm ranges like this often precede explosive moves — and OP is quietly building the foundation for one.” --- #Optimism #OPUSDT #CryptoAnalysis #SwingTrading #TechnicalAnalysis #AccumulationZone #BreakoutSetup #Altcoins #CryptoMarket #Layer2 #PriceAction