🔴 $OPEN BNB 15m

Price is in a strong short term downtrend. Market structure shows aggressive breakdown with consecutive lower highs and lower lows. Price is trading below EMA 7, EMA 25, and EMA 99, with all EMAs aligned bearishly and sloping down, confirming seller dominance. Current consolidation near the lows shows no clear reversal signal.

Key levels

Support 0.0001980

Resistance 0.0002015, then 0.0002055

Momentum

Bearish and weak, bounce attempts are shallow and quickly sold into.

Scenario

As long as price remains below 0.0002015, downside continuation is favored. A clean loss of 0.0001980 can extend the move lower. Only a strong reclaim above EMA 25 would shift short term bias to neutral.

Setup

Entry 0.0002010 to 0.0002015

TP 0.0001980, 0.0001955

SL 0.0002058