Optimism (OP) Eyes $0.88 — ~20% Upside in 4–6 Weeks
I expect Optimism (OP) to test $0.88 as it consolidates above a key support level; technical indicators suggest roughly 20% upside within 4–6 weeks.
This view is driven by sustained momentum and confirming volume while price remains above support; immediate resistance sits near $0.88.
I will watch for a breakdown below support or a failure to clear resistance and manage risk with a stop under support and partial profit-taking near the target.
Analysis
Recommendation
Buy for a short-term trade or buy on minor weakness with disciplined risk controls: place a stop below the identified support and take profits around $0.88.
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.