OPENUSDT Perp | Short-Term Market Snapshot
$OPEN is trading around 0.1794, sitting near the lower end of the intraday range after a rejection from 0.1838. The recent pullback came with easing momentum, and price has slipped back below the short-term moving averages, suggesting buyers have gone quiet for now.
On the 15m structure, price is hovering just above the 0.1780–0.1775 demand pocket, which has already acted as support earlier. As long as this zone holds, downside looks limited and consolidation is likely. A clean bounce from here could open room for a recovery toward 0.1815 first, followed by 0.1830–0.1840 if volume steps back in.
MACD remains slightly negative, reflecting short-term weakness rather than a strong breakdown. Volume has also cooled, hinting that sellers are not aggressively pressing lower at current levels.
Key levels to watch
Support: 0.1780 → 0.1775
Resistance: 0.1815 → 0.1838
Holding above 0.1780 keeps the range structure intact. A loss of this level could invite a deeper sweep toward 0.1750, while a reclaim of 0.1815 would signal momentum shifting back in favor of buyers.
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