$OPEN – MASSIVE GAINS BUT NOW COOLING OFF
OPEN surged explosively, reaching as high as $1.8896 after a 600%+ rally in just 24 hours. However, after the strong pump, price faced heavy selling pressure and is now consolidating around $1.45. The volatility remains extremely high, and traders should be cautious of sharp swings both ways.
Trade Setup (Speculative Long):
Entry: $1.42 – $1.46
Targets (TP): $1.58 / $1.75 / $1.90
Stop Loss (SL): $1.25
Market Outlook:
Momentum is still strong despite the pullback, but risks of deeper corrections remain. If $1.40 support holds, another bullish leg could unfold, otherwise profit-taking may drag the price lower.
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