🟢 $OPEN /USDT LONG SETUP 📈 (RANGE → BREAKOUT WATCH)
SIDEWAYS CONSOLIDATION → PRESSURE BUILDING
OPEN is currently moving in a tight range around the 0.162–0.163 zone. After earlier volatility, price has stabilized and is compressing — a structure that often leads to a directional move once range breaks.
📊 Trade Plan:
Entry Zone: 0.1615 – 0.1630
Target 1: 0.1660
Target 2: 0.1690
Target 3: 0.1720 (only if momentum expands)
Stop Loss: 0.1585
🔍 Technical Read:
Range-bound price action = energy buildup
Higher lows forming inside the range
No aggressive sell-off → sellers not in control
Volume steady, suggesting accumulation
📈 Bias: Mildly bullish while price holds above 0.160–0.161.
A clean break and hold above 0.165 can unlock the next upside leg.
⚠️ Best suited for intraday / quick swing. Trail SL once price clears T1.