$OP 🔥 OP (Optimism) Latest Analysis — Oversold Setup with Hidden Catalysts! 🚀

Optimism’s OP token is trading in oversold territory after recent weakness, with short-term technicals suggesting potential bounce into the $0.20–$0.26 range if support holds. �

Governance has approved a plan to use 50% of Superchain revenue for monthly buybacks, tying token demand to actual network activity — a structural fundamental boost. �

Layer-2 commentary shows broader rollup pressure, but the Superchain narrative and possible rebound targets near $0.30–$0.42 keep medium-term interest alive. �

👉 **Bounce or deeper test first — what’s your OP call? 💬

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