$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


OPENUSDT
Perp
0.1657
+8.72%
#WhenWillBTCRebound #PreciousMetalsTurbulence #MarketCorrection