Hereโs the $OPEN USDT (Perp)
๐ Market Snapshot
Last Price: 1.8915 USDT
Mark Price: 1.4968 USDT โ ๏ธ (HUGE gap โ suggests price may correct downward soon)
24h High: 1.4925 (possible typo in feed, since last price > high, will treat as misprint)
24h Low: 0.4960
24h Vol(OPEN): 961.56M
24h Vol(USDT): 1.39B
Change: +170.87% ๐ (parabolic pump)
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๐งพ Key Levels
Immediate Resistance:
1.96 (todayโs intraday high)
2.10 โ 2.20 (round number extension)
Support Zones:
1.65 โ 1.49 (short-term support / mark price)
1.34 โ 1.04 (strong demand zone, prev consolidation)
0.73 โ 0.50 (major base, yesterdayโs low)
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๐ Volume & MA Check
Vol (10.7M) is much smaller than MA(5) 26M & MA(10) 36M โ pump is losing strength.
The gap between last price (1.89) and mark price (1.49) shows high liquidation risk if you long late.
Strong parabolic move from 0.50 โ 1.96 (+280%) in 24h โ likely retracement incoming.
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๐ Interpretation
Momentum extremely overheated.
High probability of mean reversion back toward 1.50โ1.65.
Only safe long re-entry is if it retests 1.49โ1.34 zone with volume bounce.
If price loses 1.34, downside could accelerate back toward 1.00 or lower.
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๐ Trade Setups
๐ด Short (high probability)
Entry: 1.85 โ 1.95 rejection
TP1: 1.65
TP2: 1.50
TP3: 1.34
SL: 2.02
๐ต Long (only after healthy pullback)
Entry: 1.50 โ 1.34 demand zone with bounce confirmation
TP1: 1.80
TP2: 1.95
TP3: 2.10
SL: 1.28
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โก Summary
OPENUSDT pumped +170% in 24h, but low volume + mark price gap suggests pullback likely.
Safer play: short rejections at 1.85โ1.95, or wait for 1.50 support retest for long re-entry.
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๐ Do you want me to plot Fibonacci retracements (0.50 โ 1.96) to mark exact confluence zones for dip buying?
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