Market Trend:
$OP is under strong bearish pressure, recently dropping sharply after major ecosystem news and continued selling momentum. The token has fallen double digits in recent sessions, reflecting weakening sentiment. 
Key Market Drivers:
• Base network shift: Base is moving away from the OP Stack, triggering negative sentiment and price decline. 
• Token buyback program: Governance approved using Superchain revenue to buy OP tokens, which may support long-term value. 
• Token unlock & governance changes: Recent proposals and supply events can increase short-term volatility. 
Technical Levels:
• Support: $0.15 → $0.11
• Resistance: $0.20 → $0.22
• Break above $0.22 could signal recovery momentum. 
Outlook:
Short term remains bearish due to ecosystem shifts and selling pressure. However, buybacks, Superchain growth, and Ethereum Layer-2 adoption could support recovery if market sentiment improves.
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