Trade Idea – 11 July 2025: Long OP/USDT (Optimism) After Key Support Bounce

🔍 Market Overview

Optimism (OP/USDT) is currently trading at $0.65, showing signs of recovery after bouncing from a strong support zone around $0.60. The coin has seen increasing interest from retail traders due to the upcoming protocol updates and strong development activity.

✅ Technical Analysis

Current Price: ~$0.65

Support Zone: $0.60

Resistance Zone: $0.72

Trend: Recovery/Bullish

Indicators:

RSI: 58 – Moving toward bullish zone

MACD: Bullish crossover expected

Volume: Gradually increasing on green candles

📈 Trade Setup (Long Position)

Entry Zone: $0.64 – $0.66

Target 1: $0.70

Target 2: $0.74

Stop Loss: $0.60

Risk-Reward Ratio: 1:2 or better

⏰ Best Entry Timing

Entry is ideal during Asian session breakout or after a 1-hour candle close above $0.66 (with volume confirmation).

📌 Why OP Today?

Price has held above key $0.60 level multiple times (strong buyer zone).

Optimism is gaining traction as an Ethereum L2 project.

Technically oversold, now entering recovery phase.

Sentiment shifting positively after last week's dump.

📢 Disclaimer

This is for educational and informational purposes only. Crypto trading is risky — manage your capital wisely and always do your own research.

Trade idea for 11 July 2025 – OP/USDT is showing bullish recovery near $0.65 after strong support bounce. Entry, targets, stop loss, and timing explained. Learn why Optimism is the coin to watch today.

Published on: 11 July 2025

By: Smart Finance Guru

Website: www.dailtradetips.xyz