$OPEN /USDT TECHNICAL ANALYSIS: BEARISH CONTINUATION EXPECTED

$OPEN /USDT pair shows signs of a bearish trend after failing to hold above recent highs. Price action indicates strong resistance around the level of 0.1660, while support is forming near 0.1490. Short-term charts (15m–1h) show lower highs and lower lows, signaling further downward momentum.

Entry Strategy: Consider the possibility of entering short positions on bounces near resistance zones.

Targets (TP): 0.1540 → 0.1510 → 0.1490

Stop Loss (SL): 0.1665

Risk Management: Risk no more than 2% of capital per trade, monitor volumes for confirmation, and adjust positions according to market volatility.

$OPEN

OPENBSC
OPENUSDT
0.1657
+8.72%

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