Optimism Price Teeters at $0.11 as Smart Money Builds Long Bias

Optimism's price is coiling at $0.11 as smart money builds a 2.1x long bias, with taker buyers dominating flow on Binance.

The market is respecting the 200-day SMA at exactly $0.11, which is acting like a magnetic gravity point.

The Bollinger Band picture shows price pressing into the upper two-thirds of the band range, but the MACD histogram has flatlined at zero, indicating momentum has bled out completely.

Despite this, open interest climbed 3.57% in 24 hours on Binance, and the taker buy/sell ratio is 1.2968, confirming aggression is on the buy side.