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OPCryptoDouble Bottom

Optimism (OP) technical analysis

Live crypto market scanner page for Optimism. Review the double bottom setup, chart structure, and trade levels in one place.

$0.11+0.09%
Double BottomBroadening Formation
0CP IndexNo Signal
How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

  • Trend Alignment (SMA)
  • Volume Confirmation
  • Pattern Clarity
  • Momentum (RSI)

Technical Setup Overview

Traders are watching Optimism (OP) as price action tightens. The stock is trading at $0.11, up 0.09% on the day. Our AI has detected a valid Double Bottom pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $0.16, targeting $0.22 with support near $0.14 (R:R 2.0).

OP is part of the crypto market on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $0.16, a stop around $0.14, and a target near $0.22.

Primary Pattern

Double Bottom

Signal Strength

43/100 CP Index

Trade Context

Entry $0.16 · Stop $0.14 · Target $0.22

3 Month Interval$0.11
AUGSEPOCT
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Profit from Double Bottom?

OP is showing a classic Double Bottom. Don't miss the move.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward
1:2
Entry
$0.16
Stop
$0.14
Target
$0.22

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Broadening Formation

Expanding volatility. Sign of instability.

Community Sentiment

What is your outlook on OP?

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Frequently Asked Questions

These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on OP.

What chart pattern is ChartPattern.io tracking on Optimism?

ChartPattern.io is currently tracking Double Bottom on Optimism in the crypto market. Secondary context includes Broadening Formation.

What price levels matter for OP right now?

The current trade plan points to an entry near $0.16, a stop near $0.14, and a target near $0.22.

Is OP bullish or bearish right now?

Optimism currently leans neutral. The page is showing a CP Index of 43/100, which helps summarize the current technical setup.

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Data updated Oct 27, 2026, 7:58 PM EDT