$OPEN /USDT BEARISH PRESSURE BUILDS – SUPPORT AT $0.57 BEING TESTED!
$OPEN/USDT is trading at $0.5785, down over 12% in the last session. On the 15-minute chart, price has been making lower highs since touching $0.6092 and is now testing the key support at $0.5754. Repeated failures to hold above $0.5880 indicate strong selling pressure. A clean breakdown below $0.5750 could open the door for a deeper drop, while any bounce back above $0.59 would be the first sign of relief.
🔹Trade Setup:
Entry (Short): 0.5800 – 0.5850
Take Profit (TP): 0.5650 / 0.5500 / 0.5300
Stop Loss (SL): 0.5950
🔹Market Outlook:
Short-term trend remains bearish as long as price stays under $0.59. Bulls need to reclaim $0.60 to shift momentum. Until then, rallies may offer selling opportunities.
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