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Saturday, November 1, 2025

$OPUSD looks good for a long here

$OPUSD looks good for a long here

Optimism / US Dollar COINBASE:OPUSD

Since 2024, OP has been falling inside of a wedge, and it recently broke out and has now backtested it. We've also formed a capitulation low on Oct 6th, and now we look set to make a move higher.

I think we could see between a 2x-10x move from here potentially all the way up to the top of the range.

Let's see how it plays out over the comings weeks.



source https://www.tradingview.com/chart/OPUSD/IpZIEEgP-OPUSD-looks-good-for-a-long-here/

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