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📉 OP/USDT: Optimism Price Analysis 🚨
Optimism ($OP ) is currently priced at $1.79, experiencing a -6.18% decline over the last 24 hours.
Key Levels to Watch:
Support:$1.70 (immediate support level, potential buying area)$1.60 (stronger support zone, deeper pullback possible)Resistance:$1.85 (immediate resistance, look for break above this level)$1.95 (next resistance zone, bullish reversal target)
Trade Setup:
Buy Opportunity: Consider buying near $1.70 if the price maintains support, targeting:$1.85 (immediate resistance)$1.95 (next resistance level)
Risk Management:
Stop-Loss: Set your stop-loss around $1.60 to manage risk effectively.
Market Insight: OP is seeing a temporary dip, but it could bounce off key support levels for a potential recovery. Watch for signs of stabilization and resistance breaks.
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