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Trade Idea: OP LONG

Opened 2025-09-06 23:08:28 · Valid until 2025-09-13 23:08:28 · Closed 2025-09-09 02:44:58 · Triggered 2025-09-07 02:38:13
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
LONG CLOSED RR 1.50 Conf 75% Swing 3-5 days
Entry 0.72000000
Stop 0.69500000
TP 0.75000000 / 0.78000000 / 0.80000000
Live 0.43098000
ROI -40.14% (vs entry)

Thesis and checks

The current price of Optimism (OP) shows a slight decline of 1.18% over the last 24 hours, indicating a potential buying opportunity as it may be oversold.

  • The RSI is approaching the 30 level, suggesting that OP is nearing oversold conditions, which often precedes a price rebound.
  • The price is currently testing the lower band of the Bollinger Bands, indicating that it may be due for a correction upwards towards the mean.

Trade ideas are educational. Manage risk and position size.