🚀 $OPEN /USDT SURGES TO NEW LOCAL HIGHS – BULLS EYEING $1 BREAK

📊 Market Overview:

On the 4H chart, $OPEN has rallied from 0.82 support into the 0.95–0.98 zone with a strong green impulse candle. RSI(6) is at 73, indicating overbought conditions but also confirming strong bullish momentum. Holding above 0.93–0.95 could open the way for a test — and potential breakout — of the $1 psychological level.

🔑 Trade Setup (LONG):

📌 Entry Zone: 0.9450 – 0.9550 (on pullback)

🎯 Targets:

TP1: 0.9890

TP2: 1.0200

🛑 Stop Loss: 0.9200 (below breakout zone)

💡 Market Outlook:

Momentum has turned firmly bullish after weeks of consolidation near 0.82–0.88. As long as price sustains above 0.93–0.95, dips are expected to be accumulated by buyers. However, with RSI in overbought territory, short-term pullbacks could occur before the next breakout attempt.

⚡ Strategy:

Look for pullback entries near 0.945–0.955.

Consider scaling out partial profits at TP1 to secure gains.

Trail stop after breakout to ride momentum toward and above $1.

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