Analysis of OP/USDT: When the Base leaves, what is on the other side?

News about Base preparing to become independent from OP Stack has triggered a market sell-off. The OP price has dropped sharply from $0.14 to $0.12, a 12% decrease. However, this is only the surface of the story. Market data shows complex and interesting signals, especially as some technical indicators have issued unusual warnings.

The Other Side of Base Leaving OP Stack

Currently, Base serves as the main revenue source for Optimism, contributing the majority of the OP ecosystem’s total income. As Base prepares to become independent, this means the largest profit stream will soon be cut off from the system. Essentially, a revenue decline is inevitable.

But on the other hand, this phenomenon offers a different perspective. Base’s resounding success proves that the OP Stack technology is not only feasible but also highly effective. Other Layer 2 projects are viewing this model as an innovative example. If Android is the mobile operating system, then OP Stack is becoming the standard platform for future Layer 2 solutions. The growth of the Optimism network has reached record highs, indicating that development activity remains very active.

Technical Signals vs Market Pressure

From a technical analysis perspective, the picture looks quite different. The RSI has fallen below 30, into oversold territory—a potential sign of a possible rebound. The MACD remains below the zero line, but the KDJ is beginning to show promising golden cross signals.

The $0.12 level has historically been tested three times as a bottom, reflecting strong support at this level. Importantly, heavy sell orders are concentrated near the $0.13 threshold, indicating ongoing selling pressure. Nevertheless, technical indicators suggest that the current decline may have gone too far.

Trading Opportunities: RSI Analysis and Price Targets

Short-term scenario: Optimism may continue to face pressure due to revenue impacts from Base, which is very realistic. However, if you believe in the long-term value of Layer 2 solutions, the current position opens notable opportunities.

Buy strategy: The oversold RSI combined with the local bottom at $0.12 provides a reliable support level. A conservative approach could be to buy small amounts at this zone, with a target price around $0.13 (the nearest resistance). Place a stop-loss at $0.115 to protect your capital, maintaining a reasonable risk/reward ratio.

Breakout scenario: If the price surpasses the $0.13 resistance with significant volume, it could open the door for further gains. The next resistance target is around $0.14—previous local high. Currently, OP is trading at $0.12 with a 24-hour change of +2.04%, indicating stability and possibly initial signs of recovery.

In summary, the other side of the Base story is a test of the core value of Optimism and the OP Stack. This is not just a sell-off event but a tipping point to determine whether Optimism’s Layer 2 technology has enough resilience to operate independently.