$OPEN chart on the 4-hour timeframe is exhibiting a strong bullish reversal after finding a solid floor near the 0.1565 level. This V-shaped bounce has successfully cleared minor resistance areas, pushing the price back up toward the critical 0.1900 zone. While the massive green candles show heavy buying interest, a slight rejection at the recent local peak indicates that sellers are active near the psychological 0.2000 mark. If the price can establish support above 0.1850, it will create a strong base for bulls to spark another rally and test higher liquidity pools. However, if it loses this immediate support, a minor consolidation or retest of the 0.1750 area might occur before the next major move.

* Target 1: 0.2000

* Target 2: 0.2150

* Target 3: 0.2300

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OPEN

0.207

+13.17%