Optimism Price Struggles Below $0.09 Amid Bearish Momentum

Optimism's price has been trading below $0.09 as market momentum fails to spark a breakout, leaving investors waiting to see if support levels can hold up against upcoming developments.

The Optimism token (OP) is currently priced at $0.0874, having edged up by just $0.0001 this week but remaining below major moving averages.

According to technical analysis, the trend remains bearish with daily structure flat and MACD signaling a strong sell, while short-term momentum is mixed.