🚨 $OPEN Bullish Regime Shift: Here is My Entry Plan 🚨
$OPEN is looking hot on the 4H chart! After carving out a solid macro bottom at $0.1569, the bulls stepped on the gas and triggered a beautiful Golden Cross both the MA(7) and MA(25) have sliced clean above the MA(99).
When the moving averages flip like this after a massive baseline accumulation, you don’t ignore it. Add in an order book packed with 60.94% Bids, and it’s clear the buyers are driving this bus right now.
🎯 How I’m Playing This Entry:
Right now, we are seeing a minor intraday cooling-off at $0.2163. I am not chasing the green candles here; instead, I am looking to bid the retest.
• The Buy Zone: I’m building my position inside the $0.2110 – $0.2000 liquidity pocket. This zone is a heavy structural cushion where the MA(7) and MA(99) converge. If the price dips here to print a healthy higher low, I’m locking in my entry.
• The Target: Once the consolidation is done, the main objective is a clean breakout past local resistance at $0.2350. If we clear that with volume, OPEN has open skies ahead.
• Invalidation: A clean 4H close below 0.1900 (MA(25)) means the setup is compromised, and I’ll step aside.
Letting the market come to me on this pull-back.