$OPEN /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION SETUP
$BROCCOLI714/USDT is showing signs of weak momentum and seller dominance on the lower timeframes. Price action is respecting a descending structure, with repeated rejections near the upper supply zone and failure to sustain above key moving averages. Volume expansion on pullbacks suggests distribution rather than accumulation, indicating a higher probability of continuation to the downside.
Market Bias: Bearish
Trade Type: Short
Short Entry Zone:
• Near the rejection area around the descending resistance
Targets (TP):
• TP1: Previous intraday support zone
• TP2: Range low support
• TP3: Breakdown continuation toward demand zone
Stop Loss (SL):
• Above the recent swing high / resistance zone to invalidate the bearish structure
Risk Management:
Always risk a small, fixed percentage per trade, wait for confirmation before entry, and trail stop loss once the first target is secured to protect capital.
#TechnicalAnalysis #CryptoTrading #PriceAction #SupportResistance #TrendAnalysis $OPEN


