OP is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
Traders are watching Optimism (OP) as price action tightens. Price has moved to $0.11 (3.75%) amidst recent volatility. Price action has carved out a classic Double Bottom. Volume is average (0.87x avg) with moderate trend strength (33.9). A potential breakout level is identified at $0.14, targeting $0.18 with support near $0.12 (R:R 2.0).
What is your outlook on OP?