Optimism’s OP Trades at $0.14 as Taker Selling Outpaces Buying
Photo: TokenPost
Optimism (OP) was priced at $0.14 on Binance spot Oct. 12 after falling 1.41% in the prior session, while taker selling exceeded buying during the measured one-hour period. The 24-hour range was $0.14 to $0.15, with volume of $8.50 million. The $0.14 level was identified as immediate support, while $0.15 marked resistance and the upper Bollinger Band. A move below $0.14 would place $0.12 in focus as the next downside reference. OP remained above its listed moving averages. The seven- and 20-day simple moving averages were each $0.13, while the 50-day and 200-day averages were $0.12 and $0.11, respectively.
Source: TokenPost
