Optimism (OP) experienced a bullish spike of 20% after testing support at 0.59 USD. Resistance is anticipated at 0.72 USD, with 0.74 USD as a critical liquidity point for continuation. The coming days may see Bitcoin’s movement significantly influencing OP’s price.
While OP is aiming for a breakout above 0.72 USD, chances remain unstable due to weakening bullish momentum. The recent liquidity buildup indicates potential volatility, and traders are advised to wait for clearer signals before executing trades.
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