I entered with $990 at $OP at $0.0960, Optimism at approximately its historical lows ($0.08), with clear bearish exhaustion setting up a strong technical rebound.
Condition: Buy
Entry price: $0.0960
Targets: $0.11200 / $0.12800 / $0.14800
Stop loss: $0.08600
OP is currently trading at $0.096, which is far below its historical peak at $4.84. The sharp decline of 85.91% over the past year has put the coin in attractive zones for long-term investors. The continued expansion of the Optimism network as a Layer-2 solution on Ethereum adds real value to the coin in the long run.
Condition: Buy
Entry price: $0.0960
Targets: $0.11200 / $0.12800 / $0.14800
Stop loss: $0.08600
OP is currently trading at $0.096, which is far below its historical peak at $4.84. The sharp decline of 85.91% over the past year has put the coin in attractive zones for long-term investors. The continued expansion of the Optimism network as a Layer-2 solution on Ethereum adds real value to the coin in the long run.