🚀 #OpenUSDT – Is the Next Launch Incoming?
After its Binance listing, $OPEN rocketed to $1.56 before correcting down to $1.03, and is now consolidating around $1.13.
🔎 Technical Outlook
Main Support: $1.03
Secondary Support: $1.10
First Resistance: $1.25
Next Resistance: $1.36
Strong Resistance: $1.56 (listing high)
📊 Indicators
RSI near 31 → close to oversold, signaling potential rebound.
Price is below both 7 & 25-day averages → breakout above $1.25 could confirm a bullish shift.
🎯 Trading Plan
Scalpers/Quick Trades: Buy near $1.10 – $1.13, sell at $1.25 – $1.36.
Short-Term Holders: As long as price stays above $1.03, targets are $1.50 – $1.56.
Stop Loss: A confirmed break below $1.03.
⚡ Summary
$OPEN is consolidating after its listing drop. A strong breakout above $1.25 could ignite the
#BNBBullish #opengift #BNBBreaksATH #Openinterest
