Optimism (OP) Eyes $0.88 — ~20% Near-Term Upside
I expect Optimism (OP) to reach $0.88 in the near term as it consolidates above a key support level. Current technical signals point to roughly 20% upside within the next 4–6 weeks.
I view the setup as a controlled tactical long while momentum remains intact. I will reassess if price breaks decisively below the support that underpins this projection.
Analysis
Price action shows consolidation above a defined support with improving momentum and manageable volume, making a measured push to $0.88 plausible; a break below support would negate this thesis.
Recommendation
I recommend a buy-sized tactical position or buying on minor weakness near support, with a stop-loss below that support and a target near $0.88 over the next 4–6 weeks.
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.