$OPEN steep decline after the pump, accumulation at the bottom or is it the final sell-off?
Current price: 0.1727 USD (-10.33%). The 1H frame shows OPEN is below all EMA 7/25/99, a clear downtrend structure after the spike to 0.23 and strong distribution.
🎯 SHORT Entry: 0.174 – 0.178
TP1 0.168
TP2 0.162
TP3 0.155
Stop Loss 0.185
If OPEN does not reclaim the 0.18 area, the current sideways region is likely just accumulation before continuing the downtrend; only if it decisively surpasses 0.185 will the short scenario be invalidated.
Trade OPEN on Binance👇
OPENUSDT
Perp
0.1671
-4.94%