$OPEN EN/USDT BEARISH PULLBACK – SELLERS TESTING SUPPORT AFTER HYPE RALLY
After a massive parabolic move from $0.20 to $3.65, $OPEN is now correcting and trading around $1.38. The pair is showing weakness on the 1H chart with consistent red candles, signaling that sellers are taking control. If $1.35 fails, a deeper drop could follow.
Trade Setup (Short):
Entry Zone: $1.38 – $1.42
Take Profit 1: $1.30
Take Profit 2: $1.15
Take Profit 3: $1.00
Stop Loss: $1.55
Market Outlook:
Momentum is shifting bearish in the short term as buyers struggle to defend higher levels. The $1.35 support is critical — if it holds, consolidation may follow, but a breakdown could accelerate selling pressure toward $1.15 and below.
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