OP technical analysis today
Mildly bearish
Optimism is below its 200-day moving average, so the bigger trend is weak, although price is near the 50-day average, which hints at a short-term recovery attempt.
The daily RSI is 41, showing weak momentum.
Funding is normal at 0.003% per 8 hours, so leverage does not look stretched.
For today, the first resistance is near $0.116387 and the first support is near $0.109417. A daily close above resistance or below support would show the next direction.
OP support and resistance levels
Resistance 2$0.119643
Resistance 1$0.116387
Pivot$0.112673
Support 1$0.109417
Support 2$0.105703
Classic daily pivot levels for OP, calculated from the last completed daily candle.
Automatic summary from daily candles, updated every few minutes. Not financial advice.
Optimism FAQ
What is the Optimism price today?
Optimism (OP) is trading at $0.11067 on Binance futures, down 1.50% in the last 24 hours. The 24-hour range is $0.10707 to $0.11593.
Is Optimism bullish or bearish today?
Our technical read for Optimism today is mildly bearish. Optimism is below its 200-day moving average, so the bigger trend is weak, although price is near the 50-day average, which hints at a short-term recovery attempt. This is an automatic technical summary, not financial advice.
What are the OP support and resistance levels today?
Based on the last daily candle, resistance is near $0.116387 and $0.119643, and support is near $0.109417 and $0.105703. The daily pivot is $0.112673.
Where can I get OP trading signals?
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