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Optimism Price Prediction Could Potentially Soar if Resistance Breaks on Strong Volume

  • Optimism (OP/USDT) is showing signs of recovery on hourly and daily charts, with resistance levels now under scrutiny by analysts and algorithms.
  • Open Interest (OI) data aligned with price movements, peaking during the surge to $0.63 and falling during pullbacks, indicating cautious engagement from traders.
  • An AI model predicts potential support at $0.554–$0.551 for OP/USDT, emphasizing the importance of confirmed reversal patterns for trading decisions.
  • Technical indicators suggest a gradual recovery on the daily chart, with the RSI crossing above its moving average and the MACD showing positive signs, highlighting the need for sustained price action and volume for further gains.

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