Optimism / U.S. Dollar (OP-USD)Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for OP-USD · data as of Jul 14, 2026. The chart above is live; the read below updates daily.

$0.10last close · Jul 14, 202652-week range $0.09$0.45 · 77.69% below the high
Bullish Pennant · playing out now

OP-USD just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $0.09, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $0.13 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

OP-USD bullish pennant pattern

OP-USD is currently forming a bullish pennant on the daily timeframe. Detected Jul 14, 2026.

DirectionBullishTarget$0.13Projected move+31.1%Breakout level$0.10

New to this pattern? What a bullish pennant is and how to trade it →

How bullish pennants have performed

Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034

Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.

How these backtests work →

OP-USD pattern trade history

Every completed pattern trade our nightly backtest found on OP-USD's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 4, 2026 @ $0.11May 13, 2026 @ $0.15Win+2.85R
Falling WedgeDec 9, 2025 @ $0.35Dec 25, 2025 @ $0.25Loss-1.08R
Falling WedgeDec 3, 2025 @ $0.32Dec 17, 2025 @ $0.27Loss-1.47R
Bearish PennantSep 5, 2025 @ $0.69Oct 10, 2025 @ $0.53Win+0.95R
Bearish PennantAug 28, 2025 @ $0.69Sep 18, 2025 @ $0.83Loss-1.01R
Bearish PennantJan 25, 2025 @ $1.68Mar 11, 2025 @ $0.74Win+3.94R
Bearish PennantJan 19, 2025 @ $1.77Feb 3, 2025 @ $0.99Win+3.33R
Bearish PennantNov 1, 2024 @ $1.58Nov 11, 2024 @ $1.82Loss-1.12R
Bearish PennantOct 25, 2024 @ $1.67Nov 21, 2024 @ $2.09Loss-2.52R
Bullish PennantSep 19, 2024 @ $1.63Nov 4, 2024 @ $1.34Loss-1.30R
Falling WedgeJun 24, 2024 @ $1.68Jul 21, 2024 @ $1.97Loss-1.05R
Bearish PennantJun 4, 2024 @ $2.39Jun 24, 2024 @ $1.66Win+1.15R

Recent bullish pennants on other charts

FERstopped −5.5%Jul 13, 2026LABUhit target +54.5%Jul 10, 2026MRNAhit target +29.7%Jul 10, 2026XBIhit target +16.1%Jul 10, 2026

Learn about bullish pennant

OP-USD support and resistance levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected support sits near $0.09, resistance near $0.11. These are chart/swing-derived levels, not formula pivots.

Resistance
$0.11$0.16$0.17$0.18$0.33$0.36$0.38
Support
$0.09

OP-USD recent daily prices

DateOpenHighLowClose
Jul 14, 2026$0.10$0.10$0.10$0.10
Jul 13, 2026$0.10$0.10$0.10$0.10
Jul 12, 2026$0.10$0.10$0.10$0.10
Jul 11, 2026$0.10$0.11$0.10$0.10
Jul 10, 2026$0.10$0.11$0.10$0.10
Jul 9, 2026$0.10$0.11$0.10$0.10
Jul 8, 2026$0.10$0.10$0.10$0.10
Jul 7, 2026$0.11$0.11$0.10$0.10
Jul 6, 2026$0.11$0.11$0.10$0.11
Jul 5, 2026$0.11$0.11$0.11$0.11

OP-USD frequently asked questions

What chart pattern is OP-USD forming right now?
As of Jul 14, 2026, TradingPal's detector identifies a bullish pennant on Optimism / U.S. Dollar (OP-USD) on the daily chart, with a measured-move target of $0.13.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on OP-USD is a bullish pattern, projecting a measured-move target of $0.13. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for OP-USD?
Based on auto-detected, swing-derived levels (as of Jul 14, 2026), OP-USD's nearest support is around $0.09 and nearest resistance around $0.11.
What is the price target if OP-USD's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $0.13 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was OP-USD's closing price on Jul 14, 2026?
Optimism / U.S. Dollar (OP-USD) last closed at $0.10 on Jul 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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