OP/USDT — Major Accumulation Zone: Larger Move is in the Making?
Optimism (OP) is currently consolidating within a major accumulation zone between 0.72–0.60, which has acted as a key macro support since the sharp decline from the 4.8–5.0 peak.
This range represents a crucial battleground between buyers and sellers — where selling pressure is fading and early signs of base formation are emerging.
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Technical Structure
Current Phase: Sideways consolidation after a prolonged downtrend.
Yellow Zone (0.72–0.60): Strong demand area and macro support tested multiple times.
Key Resistance: 0.8858 — the upper boundary of the range that will define the next major direction.
Potential Pattern: Developing rectangle accumulation or rounded bottom base above demand.
Volume Behavior: Decreasing gradually, indicating quiet accumulation by long-term players (smart money phase).
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Bullish Scenario
A confirmed breakout and close above 0.8858 would mark the end of accumulation and the start of a potential mid-term uptrend.
Projected upside targets:
1.20 → breakout validation zone
1.80 → main swing target
2.55 – 3.00 → mid-term expansion target if momentum continues
Additional confirmations:
Rising volume during breakout.
Successful retest of 0.8858 as new support.
Formation of higher lows above 0.72.
> “Reclaiming 0.8858 could transform this quiet range into the ignition point of a new bullish phase.”
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Bearish Scenario
If the price closes below 0.60, the accumulation structure would fail and likely lead to a macro continuation to the downside.
Downside targets:
0.50 – 0.45 → minor support
0.3953 → major historical low and potential capitulation zone
Such a breakdown would confirm renewed selling dominance and a possible search for a new long-term bottom.
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Conclusion
The 0.72–0.60 range is the critical decision zone for OP’s next major move.
As long as the price holds above this level, the bias remains neutral-to-bullish, supported by signs of accumulation.
A breakout above 0.8858 could mark the beginning of a new uptrend, while a breakdown below 0.60 would signal continuation of the broader downtrend.
> “Calm ranges like this often precede explosive moves — and OP is quietly building the foundation for one.”
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