🚨 I’m bullish on $OPEN from here
$OPEN is sitting just above a major support zone around 0.155–0.162.
The interesting part is that the price is now strongly stretched below the 25 EMA and the 99 EMA. Markets rarely move in just one direction forever, and these conditions often lead to a relief bounce if the support remains intact.
As long as 0.155 holds, I think a pullback move back toward 0.18 is possible, with 0.20 becoming the next major level to watch. A recovery above the 7 EMA would be the first sign that momentum is starting to shift again in favor of buyers.
Click here to trade 👇🏼
$OPEN
$OPEN is sitting just above a major support zone around 0.155–0.162.
The interesting part is that the price is now strongly stretched below the 25 EMA and the 99 EMA. Markets rarely move in just one direction forever, and these conditions often lead to a relief bounce if the support remains intact.
As long as 0.155 holds, I think a pullback move back toward 0.18 is possible, with 0.20 becoming the next major level to watch. A recovery above the 7 EMA would be the first sign that momentum is starting to shift again in favor of buyers.
Click here to trade 👇🏼
$OPEN