CandleFocus

Analyzing Optimism’s Short-Term Target: Can OP Reach $1.96 Soon?

Optimism (OP) is experiencing a surge in whale activity and transaction counts, with a 58% increase in large transactions totaling $766 million. This activity has raised speculation about whether OP can surpass its key resistance level of $1.96. Positive signs, such as growing interest in the cryptocurrency and increased social media buzz, suggest that OP may soon see a breakthrough. If OP manages to break through the resistance level, it could lead to a new uptrend and attract more investors, creating a positive cycle of growth.

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