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🪙 #OP
🔼 #LONG
Optimism is set to launch an OP token buyback program from the open market. If the proposal gets approved, 50% of protocol revenue will be allocated to buying back OP tokens. The proposal goes to a vote on January 22. As for levels — I’m dialing in the setup in advance.
✅ Entry Point: $0.3491
Take Profit 1: $0.3637
Take Profit 2: $0.3888
❌ Stop Loss: $0.3264
Position Size: 5%
Leverage: 10x
$OP #WeekendMarketAnalysis