$OPEN coin just woke up from its nap at $0.40, stretched a little, and said, ‘Let’s go touch the ceiling before gravity remembers me!’ 🚀
$OPEN USDT Short-Term Trade Plan (4H)
Entry Zone (Buy):
Current price: $0.57
Entry on small pullback: $0.55 – $0.57
Aggressive traders can enter now, safer traders wait for a dip closer to EMA(12) around $0.50 – $0.52.
🎯 Targets (Take Profit):
1. $0.60 – $0.62 near-term resistance (24h high).
2. $0.68 – $0.70 next strong resistance zone.
3. $0.80 psychological round number & previous support zone.
Stop-Loss:
Conservative: $0.50 (below EMA(12) & round level).
Aggressive (tighter): $0.52 – $0.53.
Risk/Reward Example
Entry: $0.56
Stop: $0.50 (risk ~ -10%)
Target 1: $0.62 (reward ~ +10%)
Target 2: $0.70 (reward ~ +25%)
Risk/Reward: 1:2.5 (good setup if momentum continues).
Technical Notes
RSI: 85 (overbought) → expect possible pullback or consolidation before next leg up.
MACD: Just turned bullish trend shift confirmed.
Volume: Strong on the bounce buyers stepped in hard.
👉 Short-term looks bullish, but since RSI is overheated, the safest play is to buy dips, not chase green candles.
