$OP is looking strong
The chart is setting up nicely, and I still believe Optimism can push toward the $0.107–$0.110 zone. But there’s one catch — price is currently sitting near a weekly resistance, so rejection from here is possible.
I’d rather wait for a better entry around $0.096–$0.094 and look for a strong reaction there.
If price builds a strong structure above $0.102–$0.104, that would give bulls more confidence for the next move toward: $0.107, $0.110, $0.114, $0.120
Stop-loss: $0.093
MACD is still positive, while RSI is holding above 60, showing bullish momentum — but price is already close to resistance, so chasing here isn’t my preference.
Let the chart come to us. Patience > FOMO.
The chart is setting up nicely, and I still believe Optimism can push toward the $0.107–$0.110 zone. But there’s one catch — price is currently sitting near a weekly resistance, so rejection from here is possible.
I’d rather wait for a better entry around $0.096–$0.094 and look for a strong reaction there.
If price builds a strong structure above $0.102–$0.104, that would give bulls more confidence for the next move toward: $0.107, $0.110, $0.114, $0.120
Stop-loss: $0.093
MACD is still positive, while RSI is holding above 60, showing bullish momentum — but price is already close to resistance, so chasing here isn’t my preference.
Let the chart come to us. Patience > FOMO.
