Optimism recorded two legs of recovery since 19 October. At press time, it was about to front the third one but faced these obstacles.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.recorded two legs of recovery since 19 October. At press time, the Layer-2 token was on the verge of fronting the third phase of the recovery but faced two roadblocks at $1.4 and $1.5.on OP established that the bullish defense of $1.165 could tip bulls more gains. The idea was validated during the first phase of recovery.
A move beyond $1.5 would push OP to hit $1.590, while a price rejection at the overhead hurdles would drag it to $1.35.
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