$OPEN ALERT – Shakeout & Setup! 🔥
$OPEN just saw a $14.75K liquidation at $0.5789, flushing out weak leveraged buyers. This could be the reset bulls needed.
Key Levels:
🟩 Support: $0.565 – must hold
🟥 Resistance: $0.592 – first hurdle to reclaim
Market Pulse:
Pressure on buyers is clear, but defending $0.565 could spark a push to $0.592. Clear that, and $0.605 is in sight. If support breaks, $0.550 could be tested.
Trading Plan:
⚡ Entry: $0.570 – $0.580
⚡ Target 1: $0.592
⚡ Target 2: $0.605
⚡ Stop-Loss: < $0.560
👀 Watch $0.592 – a breakout here could reignite bullish momentum!
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