OPUSDT
Perp
0.3004
-1.28%
$OP TRADE SIGNAL: Buyback Catalyst
The Optimism (OP) governance vote ends Jan 28. With 50% of Superchain revenue potentially funding monthly buybacks starting in February, the "value accrual" narrative is shifting sentiment.
🎯 The Setup
Entry Zone: $0.305 – $0.312
Target 1: $0.325 (Resistance Flip)
Target 2: $0.345 (Mid-term Target)
Stop Loss: $0.292 (Daily close below $0.30 support)
📊 Technical View
$OP is consolidating at the $0.30 psychological floor. A successful defense here confirms a double-bottom structure. Watch for a breakout above $0.32 to confirm bullish momentum.