OPEN Futures – Detailed Trader Insight
✅ Yesterday’s Prediction Recap:
I highlighted that OPEN would test the $1 psychological zone, and it did exactly that. Price dipped into the $1.05–$1.08 area and held firm, proving strong demand at this key support level.
📊 Today’s Market Structure (14 Sept 2025)
• Price Action: Currently consolidating between $1.08 – $1.15.
• Support: $1.00 – $1.05 (major demand zone; buyers already defended it yesterday).
• Resistance: $1.18 – $1.25 (zone where sellers stepped in multiple times).
• Momentum: RSI is neutral (48–52), showing room for either side; volume has thinned → volatility spike likely today.
📈 Trading Plan (Long Bias if Support Holds)
• Entry Zone: $1.08 – $1.10
• Target 1: $1.18
• Target 2: $1.25 (strong resistance; partial TP advised here)
• Stop-Loss: $1.02
⚠️ Alternative Short Plan (Only if Breakdown)
• If price closes below $1 with volume, take short entry around $0.99–$1.00.
• Targets: $0.92 → $0.85
• Stop-Loss: $1.05
📌 Risk Management
• Use 3x–5x leverage max (OPEN is volatile and new).
• Risk only 1–2% per trade.
• Watch for stop-hunt traps at exactly $1.00 – avoid chasing.
🔥 Key Takeaway:
Yesterday’s $1 prediction was on point. Today, OPEN sits at a decision zone.
• Above $1.08 → Long bias toward $1.20+
• Below $1.00 → Short scalp opportunities
Trade the level, not emotions.