$OPEN USDT – BEARS PRESSURE PRICE TOWARD SUPPORT 📉
After peaking near 1.5665, has entered a clear downtrend, with consistent red candles pushing it closer to the 1.2000 support zone. Selling momentum dominates, and if this level breaks, further downside toward deeper supports is likely.
🔹 Trade Setup:
Entry (Short): 1.195 – 1.210
Target 1: 1.150
Target 2: 1.100
Target 3: 1.050
Stop Loss: 1.270
🔹 Market Outlook:
The overall structure shows bearish continuation. Only a strong rebound with volume above 1.270 would shift momentum back in favor of bulls. Until then, traders should treat rallies as shorting opportunities.
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buy and trade here on $OPEN