$OPEN Explosive Breakout
OPEN has surged to $1.41, marking an impressive +18% gain with strong bullish momentum. The breakout above $1.30 has triggered fresh buying interest, and if bulls maintain control, the next resistance lies at $1.56–$1.60. However, traders should watch for possible pullbacks toward $1.35 as support before the next leg up.
Trade Setup:
Entry (Long): $1.38–$1.42
TP1: $1.50
TP2: $1.60
SL: $1.32
Risk Management: Book partial profits early to secure gains as volatility is high after a sharp rally.