Optimism experienced a 17% price increase recently, surpassing the $0.60 resistance level, indicating strong bullish momentum. If it maintains this upward trend, a target of $0.75 is possible.
The Chaikin Money Flow reading of +0.16 demonstrates strong buying pressure. However, 94% of OP holders are at a loss, suggesting that while transaction volume was high at $1.56 billion, many are still cautious.
The holding time for OP coins increased significantly, with adoption rates rising to 26%. This trend reflects confidence among long-term holders positioning for future gains.
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