Optimism (OP) again attracts the attention of traders after a key price movement that could report a break. The price holding above a large support area and a momentum starting to change, there is a growing interest in what could happen. Crypto Ahmed analyst estimates that if OP recovers a specific level, the price could increase up to 30%.
On the weekly graphic, the OP price oscillates just above the $ 0.76 level. This region has been on several occasions on several occasions several times, in July 2022, at the beginning of 2023, and now still in April 2025. Each time, the price reacted positively, suggesting that buyers continue to intervene in this area.
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Historically, OP experienced strong gatherings after consolidating near this support. The current model looks like past accumulation phases, which makes it possible to prepare buyers for another movement. Although the wider trend is always in recovery, the recent price behavior shows the first signs of a possible reversal. The merchants closely monitor what is happening next.
Optimism short -term escape points towards the change of momentum
On the daily graphic, Op Price recently exploded from a local downward trend that started in early March. Since mid-April, the asset has maintained higher hollows, indicating a short-term bullish structure. The price is now approaching the resistance level of $ 0.821, which had previously acted as a support zone before the breakup.
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This area is closely monitored as a potential pivot. A confirmed break greater than $ 0.821 could open the door to $ 0.987, which is the next key level based on the action of historical prices. The path between these two areas lacks dense resistance, allowing rapid movement if the volume takes care of the break.
Configuration of trade shared by analyst Ahmed
According to Ahmed, the price of optimism has reached an exploitable technical level. In his recent tweet, he identified the $ 0.766 area, aligned with the monthly and quarterly openings, as a potential back -to -school area for long positions. The suggested trade consists in entering a decline at this level, with a stop-loss less than $ 0.676 and a price target of $ 0.987.
Ahmed noted that the resistance of $ 0.821 is the nearest obstacle, and if the market recovers it with a moment, the price can reach $ 0.98. Its analysis is supported by the price structure visible on weekly and daily deadlines, where the bull's bulls continue to emerge.
In addition, market observers await confirmation of a break greater than $ 0.821. Should the price of optimism secure this level, technical traders Expect more ascending movements, resulting in an increase of 30%. However, if the support of $ 0.766 does not hold during a retest, the optimistic momentum can stall.
Overall, the OP prices movement remains in a narrow range, but recent developments suggest that a larger movement could be in progress if buyers maintain control near the levels described.
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