$OPEN

@OpenLedger

Current Snapshot (from your image)

Price: $0.4822 (+5.17% today)

24h High: $0.5257

24h Low: $0.4237

Volume: 38M OPEN

Trend: Recent strong pump from ~$0.44 to $0.52, then a pullback to ~$0.48.

๐Ÿ“Š Technical Highlights

1. Support Levels

Around $0.44 (yesterdayโ€™s low) looks like a strong support.

$0.47โ€“$0.475 region is acting as short-term support now.

2. Resistance Levels

$0.525 is immediate resistance (recent high).

If broken, next target might be around $0.55โ€“0.57 range.

3. Indicators

MACD lines (from your screenshot) are above zero โ†’ momentum is positive, but showing signs of cooling.

Volume spiked during the breakout, but is now tapering down could signal consolidation or a retest.

Possible Scenarios

Bullish Case: If $0.47 holds as support, price could retest $0.50โ€“$0.525 soon. Break above $0.525 may target $0.55+.

Bearish Case: If $0.47 breaks, expect a retest of $0.44โ€“0.445 (major support). Falling below that could lead to $0.40.

Practical Risk Management (general, not financial advice)

Stop-loss idea: Traders often place stops just below strong supports (like $0.44).

Target zones: Near resistance levels (like $0.525 or $0.55).

Always size positions so one trade doesnโ€™t risk more than 1โ€“2% of your total capital.

@OpenLedger #OpenLedger $OPEN