🔥 OPUSDT | Short-Term Market Update 📊

Optimism ($OP ) is currently trading inside a tight consolidation range after recent volatility. Price is holding above local support, which suggests potential expansion once a clear breakout occurs 👀

OP

0.2933

+2.62%

OPUSDT

Perp

0.2939

+2.90%

📌 Bullish Scenario (Buy Setup)

✅ Entry (Buy Zone):

0.288 – 0.291

(Break & hold above intraday resistance)

🛑 Stop Loss (SL):

❌ 0.283

(Below recent swing low / range support)

🎯 Take Profit (TP):

🥇 TP1: 0.295

🥈 TP2: 0.302

🥉 TP3: 0.315

➡️ A confirmed breakout with volume can trigger fast upside momentum 🚀

📉 Bearish Scenario (Sell Setup)

If price gives a strong close below 0.283:

📌 Sell Targets:

👉 0.278 – 0.270 zone

This would indicate range breakdown & continuation to the downside.

🧠 Market Insight

• Short-term trend: Neutral → Slightly Bullish

• Price is compressing → volatility expansion expected