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OP

Optimism (OP) Near-Term Upside to $0.88

I see OP consolidating above key support and targeting a near-term resistance at $0.88, implying roughly 20% upside over the next 4–6 weeks.

My technical read shows momentum and structure supporting the move, but the setup remains time-sensitive and dependent on holding the support level.

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Analysis

OP is consolidating above a meaningful support level and technical indicators suggest strengthening momentum that could drive price toward $0.88 within 4–6 weeks. The bias is bullish while support hol...

Recommendation

I recommend a buy for short-term traders with a clear stop below the consolidation support and position sizing to limit downside; consider taking partial profits near $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.

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