Optimism Eyes $0.88 Resistance — ~20% Upside in 4–6 Weeks
I see Optimism (OP) consolidating above a key support level and targeting the $0.88 resistance.
Technical indicators suggest roughly 20% upside potential over the next 4–6 weeks if momentum and volume confirm the move.
I will monitor volume and momentum for confirmation and watch the support level closely as a stop-loss reference.
Analysis
OP is holding above a key support band and showing bullish technicals that point to a near-term move toward $0.88; a break below support would invalidate the setup, so risk management is essential.
Recommendation
I recommend buying OP with a defined stop below the consolidation support and scaling exposure on confirmed pullbacks or rising volume.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.