$OP down 98% from ATH but the macro structure screaming accumulation
Here's the setup:
$0.08-$0.10 zone filled ✅
Breakout confirmation: $0.1819
Targets: $0.86 → $2 → $5 (35x potential)
Invalidation: weekly close under $0.0766
This is classic alt cycle mechanics. Optimism's infrastructure narrative hasn't changed, just price got nuked. If $OP reclaims $0.18 with volume, we're looking at a legitimate trend reversal.
No rush. Let the structure develop. Accumulation over FOMO.
NFA DYOR
Here's the setup:
$0.08-$0.10 zone filled ✅
Breakout confirmation: $0.1819
Targets: $0.86 → $2 → $5 (35x potential)
Invalidation: weekly close under $0.0766
This is classic alt cycle mechanics. Optimism's infrastructure narrative hasn't changed, just price got nuked. If $OP reclaims $0.18 with volume, we're looking at a legitimate trend reversal.
No rush. Let the structure develop. Accumulation over FOMO.
NFA DYOR