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OP

Optimism Poised to Test $0.88 Resistance — ~20% Upside

I expect Optimism (OP) to test $0.88 as it consolidates above a key support level; technicals indicate roughly 20% upside potential.

I see this move playing out within 4–6 weeks into September 2025 if momentum and volume confirm the breakout toward the $0.88 resistance.

I will manage risk with a stop below the support zone and reassess if price fails to hold or broader market conditions turn adverse.

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Analysis

OP is consolidating above key support and technical indicators suggest room to run toward $0.88; confirmation requires rising volume and sustained closes above recent highs, while a break below suppor...

Recommendation

I recommend a buy-sized position with scale-in and a stop below the support zone; more conservative traders can wait for a confirmed breakout or buy on weakness near support.

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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