-
Optimism (OP) is experiencing a notable bearish trend, as recent technical analysis suggests potential declines below critical support levels.
-
As trading dynamics shift, the market sentiment around OP hints at a broader concern regarding its price stability and investor confidence.
-
According to experts at COINOTAG, the head-and-shoulders pattern observed in OP trading may lead the cryptocurrency towards price levels not seen since early 2023.
COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
Optimism (OP) faces significant bearish pressures as technical signals suggest potential declines below $0.30, raising concerns among investors.
Bearish reversal pattern signals trouble for OP
Technical analysis reveals a clear head-and-shoulders formation, often signaling the end of an uptrend. The left shoulder formed in early 2023 when OP peaked at around $3.70—$3.80.
The head followed in late 2023 to early 2024, with OP reaching a high of $4.90—$5.00. The right shoulder developed in mid-2024, but the price failed to surpass $3.00, indicating weakening bullish momentum.

Source: X
The critical neckline at $1.40 served as strong support before breaking down. Following this breakdown, OP dropped sharply to its current price, confirming the bearish trend. If this pattern fully plays out, OP could slide further, with analysts pointing to $0.70, $0.50, $0.38, and even $0.28 — $0.30 as potential support levels.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Analysts warned that if OP fails to hold above $0.70, we could see a rapid decline toward $0.30, or even lower.
Market activity suggests weakening demand
Address data from IntoTheBlock shows mixed signals regarding user engagement. The number of New Addresses (NA) increased by 27.28%, indicating some new interest in OP. However, the number of Active Addresses (AA) declined by 19.56%, suggesting that fewer users are engaging in transactions.
At the same time, Zero Balance Addresses (ZBA) dropped by 18.88%, meaning fewer wallets are being emptied or abandoned.

Source: IntoTheBlock
These statistics reflect a concerning trend, as a rise in new addresses does not necessarily translate to long-term holders or increased market participation.
Large transactions decline as institutional activity slows
Transaction data shows a decline in large trades, hinting at reduced participation from institutional investors or large holders. Over the past three months, the number of large transactions fluctuated between 500 and 1,500 per day.
On the 8th of February 2025, transactions peaked at 942, while the 7-day low was recorded on the 12th of February 2025, at 367 transactions.
COINOTAG recommends • Exchange signup |
📈 Clear control for futures |
Sizing, stops, and scenario planning tools. |
👉 Open futures account → |
COINOTAG recommends • Exchange signup |
🧩 Structure your futures trades |
Define entries & exits with advanced orders. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🛡️ Control volatility |
Automate alerts and manage positions with discipline. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
⚙️ Execution you can rely on |
Fast routing and meaningful depth insights. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📒 Plan. Execute. Review. |
Frameworks for consistent decision‑making. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🧩 Choose clarity over complexity |
Actionable, pro‑grade tools—no fluff. |
👉 Open account → |
In the last 24 hours, 447 large transactions were recorded, showing a decline from recent highs.

Source: IntoTheBlock
The price of OP remains under pressure, currently hovering around $1.00 — $1.16, which aligns with the declining transaction volume. Lower large transaction activity could signal a lack of confidence among major investors.
COINOTAG recommends • Exchange signup |
🎯 Focus on process over noise |
Plan trades, size positions, execute consistently. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🛠️ Simplify execution |
Keep decisions clear with practical controls. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Make data your edge |
Use depth and alerts to avoid guesswork. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 Be prepared, not reactive |
Turn setups into rules before you trade. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
✍️ Plan first, then act |
Entries, exits, and reviews that fit your routine. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🧩 Consistency beats intensity |
Small, repeatable steps win the long run. |
👉 Sign up → |
What comes next for OP?
Optimism is now at a critical stage, with traders closely watching its support zones. If OP fails to hold $0.70, the next downside targets are $0.50, $0.38, and ultimately $0.28 — $0.30.
Analysts suggest that a break below $1.00 could accelerate the decline. However, if OP can reclaim $1.40, it could invalidate the bearish scenario.
Conclusion
The ongoing challenges for Optimism (OP) call for vigilant monitoring by investors. As the potential for a steep decline looms, establishing new support levels is crucial for sustaining market confidence. In this volatile landscape, understanding market signals will be key to navigating OP’s future.
COINOTAG recommends • Exchange signup |
🧱 Execute with discipline |
Watchlists, alerts, and flexible order control. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🧩 Keep your strategy simple |
Clear rules and repeatable steps. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧠 Stay objective |
Let data—not emotion—drive actions. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
⏱️ Trade when it makes sense |
Your plan sets the timing—not the feed. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🌿 A calm plan for busy markets |
Set size and stops first, then execute. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
🧱 Your framework. Your rules. |
Design entries/exits that fit your routine. |
👉 Sign up → |