Crypto Man Mab, in his last analysis in X, said that optimism (op) now has a price of $ 0.553, which shows a slight increase of +0.004 ( +0.73%) in the last four hours. Although the short -term movement is slightly positive, it emphasized that the general trend has been bassist since the asset reached its maximum point of about $ 0.75, marking a clear phase of market correction.
Trend and Volume Analysis of Optimism (PO)
When deepening the trend, Crypto Man Mab observed that the short -term tendency of the asset is to bow down. In the last 24 hours, the OP price has decreased from a maximum of $ 0.564 to a minimum of $ 0.483, forming a downward trajectory. He pointed out that the long -term perspective reinforces this feeling, since the asset has fallen into a steep 71.02% in the last 180 days, which clearly pointed out a sustained downward pressure.
Directing attention to volume behavior, Crypto Man Mab emphasized the importance of recent peaks in the commercial volume of OP, particularly during the strong decrease in the price. He explained that this increase in volume often indicates a greater market share, most likely driven by the sale of panic or detention triggers. The increase in volume during this room suggests that bears are still active and in control.
In his analysis, Crypto Man Mab also mentioned that the SMA volume reflects periodic overtensions, with the most recent maximum that is aligned with the downward movement in the price. This alignment between the increase in volume and the price drop often reflects a strong bearish feeling, reinforcing the descending pressure observed in the table.
Support, resistance and indicators
When examining OP op levels, the analyst points out that the current price is quoted about $ 0.483. This area could act as a possible support if the sales pressure begins to decrease, offering an opportunity for temporary stabilization or rebound. However, a sustained rupture below this level could indicate below in the short term.
On the other hand, the closest resistance is around $ 0.564, which represents the maximum of 24 hours. If the price tries a recovery, this level will probably serve as the first barrier to overcome. A successful movement over it could indicate the improvement of feeling, although additional confirmation would be needed to move the short -term bias away from the bassists.
Looking at the graphics patterns, recent candlesticks show a mixture of bullish and bassist activity, but red candles have been more dominant. This pattern reinforces the downward impulse, indicating that sellers still have control. Until there is a visible change in the impulse, the general tone remains cautious despite the potential support pockets.
