$OPEN Long signals.
$OPEN /USDT is trading around 0.1608, up roughly +5% on the day, showing clear expansion in volatility. After sweeping liquidity near 0.155–0.157, price bounced strongly and attempted a breakout toward 0.166 before a healthy pullback. This move looks more like bullish consolidation rather than weakness.
On the 1H timeframe, structure remains constructive. Higher lows are forming, and the pullback candles are corrective, not impulsive. As long as price holds above the key demand zone, continuation remains the higher-probability scenario.
Trade Setup
• Entry Zone: 0.1590– 0.1605
• Target 1 🎯: 0.1660 (local high / resistance)
• Target 2 🎯: 0.1720 (range expansion)
• Target 3 🎯: 0.1800 (breakout continuation)
• Stop Loss: 0.1545 (below demand and structure)
A clean break and hold above 0.166 with volume can trigger a stronger impulse move. Failure to hold 0.155 would invalidate the bullish setup. Patience around the entry zone is key; momentum favors continuation if structure holds.
Trade
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