$OPEN – BIG MOVE AHEAD? 🚀
$OPEN is trading around 0.1724 USDT, down about -7.3% in the last 24 hours. After a sharp drop, price has swept liquidity near 0.1711 and is now showing a small bounce and tight consolidation. On the 1H timeframe, selling pressure is cooling off and buyers are slowly stepping in, suggesting a possible short-term recovery move.
TRADE SETUP
• Entry Zone: 0.1710 – 0.1730
• Target 1 🎯: 0.1760
• Target 2 🎯: 0.1795
• Target 3 🎯: 0.1850
• Stop Loss: 0.1688
If OPEN holds above the 0.171 support zone and breaks back above 0.176 with volume, we could see a strong relief rally toward higher resistance levels. Liquidity has already been taken on the downside, making this zone attractive from a risk to reward perspective.
Momentum confirmation above resistance is key.
Let’s go $OPEN
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