Optimism's OP token surges by 11% to $0.65, with price predictions targeting $1.20.
Technical analysis suggests a potential turning point for the Layer-2 asset after breaking key resistance levels.
Analysts highlight bullish patterns indicating a possible trend reversal and projected targets at $1.20 and $1.38.
Rising trading volume, market capitalization, and positive technical indicators support the current uptrend, with short-term upside potential towards $0.70.