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"moderate optimism" is correct and usable in written English.
You can use it when describing a hopeful attitude towards a situation that is not overly-confident or overly-concerned. For example, "We approach the new project with moderate optimism, expecting a successful outcome but understanding that there may be obstacles to overcome."
Exact(11)
Too optimistic a world view results in foolish risk-taking, but moderate optimism gives you a strong selective advantage.
Trump's victory was the basis for Russia's "moderate optimism"; now both sides could discuss how "to clear out the Augean stables in our bilateral relations".
Manju Puri, professor of finance, and David T. Robinson, professor of business administration, both at the Duke University Fuqua School of Business, have determined that while moderate optimism is good, extreme optimism is not.
He starts with a paunch, which he has duly photographed, and works much of it off, thanks to an attitude he calls "moderate optimism with a soupçon of anxiety".
It gave grounds for moderate optimism, at least to the burgeoning social democratic parties, that progress was ubiquitous and eternal: the economies were growing; workers were well protected and enjoyed superb health benefits; consumers could be confident that their rights wouldn't be abused by the firms they transacted with.
But there is reason for moderate optimism among those Italians who would like to return to Italy or stay at home.
Similar(47)
Fourth, the current study tested whether other psychological constructs, i.e. anxiety, hopelessness and optimism moderate the OVK effectiveness on depressive symptoms.
Presented with these evidence, the panel of experts however expressed moderate levels of optimism (score around 60%) concerning the ability of aerosolized measles to satisfy the criterion of answerability.
Based on all available evidence the expert group expressed a moderate level of optimism (score about 60%) in the ability to develop a low cost intervention for active and passive immunizations against staphylococcus.
The panel of experts expressed a moderate level of optimism (score about 60percentt) over the impact of staphylococcal vaccines on equity compared to interventions for passive immunization (score about 40percentt).
Although not supported by hard evidence, the panel of experts expressed moderate levels of optimism (median score around 60percentt, which was greater than for active immunization) concerning the ability of immunotherapy for passive immunization to satisfy the criterion of answerability.
Related(20)
conservative optimism
restrained optimism
slight optimism
modest optimism
reasonable optimism
mild optimism
measured optimism
temper optimism
moderate vulgarity
moderate spark
moderate movement
moderate center
moderate fitness
moderate cook
moderate swim
moderate tan
moderate district
moderate sympathy
moderate headache
moderate liberal
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com