$OPEN
OPEN
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BULLISH MOMENTUM BUILDING
$OPEN is showing strong bullish momentum, holding above key support levels and forming higher lows. Rising buying pressure and increasing volume suggest that bulls are in control, indicating a continuation toward the next resistance zones. The market favors upward movement as long as support near 0.2400 remains intact.
Trade Setup (Bullish):
Entry: On confirmation above immediate resistance
Take Profits (TP):
TP1: 0.2600
TP2: 0.2700
TP3: 0.2800
Stop Loss (SL): Below 0.2400 to limit downside risk
Risk Management:
Use proper position sizing, always implement SL, and avoid over-leveraging to protect capital.