In the short term, $OPEN moves show a rather bearish structure on the daily timeframe (1D).
The price remains below the EMA 15, 50, and 70, indicating that the sellers are still in control.
The descending trendline acts as a dynamic resistance: as long as it isn't broken, the market remains shaky.
The RSI around 44 shows a neutral/slightly bearish market, with no real buying strength at the moment.
The Stoch RSI is starting to dip again after an attempted bounce, which could signal new selling pressure in the short term.
📌 Important zones:
Key support: around 0.156 – 0.160 USDT
Resistance close: 0.20 – 0.21 USDT
Bullish breakout confirmed only if the price crosses above the EMAs with volume.
➡️ Likely scenario:
As long as support holds, a technical bounce remains possible. But if the price breaks 0.156 USDT, a new drop could happen quickly.
To turn bullish in the short term, $OPEN needs to break the bearish trendline and reclaim the 0.20 USDT zone.