OP Eyes $0.42–$0.45 Recovery Within Two Weeks Despite Current Weakness
Technical indicators suggest a possible short-term recovery for OP (Optimism) toward the $0.42–$0.45 range within the next two weeks. The MACD histogram is showing early bullish divergence against the recent price decline, a signal some traders read as a precursor to momentum shifts. That setup appears despite prevailing bearish pressure across the market, which has kept upside capped so far.
Why it matters: a confirmed rebound in OP would be notable for altcoin flows and could signal renewed buying interest in layer-2 tokens. Traders should watch for confirmation—such as a MACD cross, rising volume, or a break above nearby resistance—before assuming the pattern will play out. Risk remains elevated in the short term, so position sizing and stop management are advised for those trading the potential move.