$OPEN TECHNICAL ANALYSIS – BULLISH BREAKOUT CONFIRMATION 🚀

$OPEN

OPENUSDT

Perp

0.1991

-2.01%

is showing strong bullish momentum after a sharp rebound from the 0.50 zone, confirming support and indicating renewed buyer interest. Price has cleanly broken above short-term resistance at 0.60, with a solid volume surge backing this move — signaling potential continuation to the upside.

Technical Outlook:

Trend: Bullish structure maintained with higher lows

Resistance Levels: 0.6588 – 0.6665

Support Zone: 0.5650 – 0.5310

🎯 Targets (TP):

TP1: 0.6800

TP2: 0.7200

TP3: 0.7600

🛡️ Stop Loss (SL): 0.5550

Risk Management:

Risk only 2–3% per trade. Move SL to entry after TP1 hits. Avoid overleveraging — protect capital and ride the trend smartly.

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