OPEN/USDT faced a sharp reversal after spiking to $1.88, quickly collapsing back to $1.07. The rejection highlights fading buyer strength and sets the stage for potential downside. Current short setup shows entry at $1.07–$1.10, with targets at $1.02, $0.95, and $0.85, while stop loss remains at $1.20. Key resistance stands at $1.20–$1.30, with support between $1.02–$0.85. Market momentum looks weak, and unless price breaks back above $1.20, sub-$1 retests remain likely. Traders should watch for volume shifts as volatility stays elevated. #OpenUSDT #CryptoTrading #Altcoins #bearish