OP Price Prediction: Smart Money Loading at $0.13 Amid MACD Flatline

On September 29th, Optimism (OP) crashed nearly 6% directly onto its daily pivot at $0.13. This kind of clean, round-number flush often masks something deliberate underneath.

The spot market showed thin volume, with only $7.3 million in Binance spot volume for the day, which is not a market with conviction in either direction on the spot side.

However, derivatives data revealed a 27% open interest explosion and top traders stacking 65.8% long, classic accumulation behavior.