📊 Analysis and Monitoring of Currency $OP (Optimism)
Entry from the current price: 0.267
🎯 First target: 0.30
🎯 Second target: 0.34
🎯 Third target: 0.38
⛔ Stop loss: 0.245
Let's talk a bit about the currency
Currency $OP – Optimism is a second layer project on the Ethereum network, aimed at accelerating transactions and significantly reducing fees, and is clearly supported by a large number of DeFi and NFT projects, and usually moves with any improvement in the market or movement in Ethereum.
📈 Technical Indicators
The RSI indicator is close to oversold areas, which gives a chance for a rebound
The MACD indicator shows weakness in the downward momentum and the possibility of a reversal
The moving averages indicator is close to the price, and there is often positive interaction
💡 Advice
Entry should be calm and splitting the quantity is better, especially in such low price areas.
⚠️ Alert
Any clear break below the stop-loss invalidates the analysis, and capital management is more important than any opportunity
