$OPEN /$USDT based on a typical chart setup:

$OPEN /USDT BEARISH SETUP

Current Price: 1.0923 USDT

Key Levels

Support: 1.0396 USDT (strong short-term support)

Resistance: 1.1890 USDT (immediate resistance), 1.25 USDT (next key resistance)

Market Structure

Price is showing lower highs and lower lows, indicating a bearish trend on the 1H–4H timeframe.

Recently broke below minor support at 1.11 USDT, confirming sellers are in control.

Trade Setup

Short Entry: 1.10–1.095 USDT

Take Profit Targets:

TP1: 1.065 USDT

TP2: 1.040 USDT

Stop Loss: 1.125 USDT (above recent swing high)

Risk Management

Risk ≤ 1–2% of trading capital per trade.

Avoid over-leveraging; confirm trend continuation with volume before entry.

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