🔓 OPEN/USDT — Oversold but Ready for a Bounce?
OPEN/USDT is at $0.475, flashing deep oversold signals. Bears are still pressing, but a TD Sequential “1 Up” suggests bulls might try a counterattack.
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📊 Quick Scan
RSI (28.95): ⚠ Oversold
MFI (27.66): ⚠ Oversold → weak inflows
CCI (-67.71): Bearish lean
BBands: Near lower band ⚠
ATR (0.0114): High volatility
SMA(50): Price below 🔴 → bearish
MOM(10): Negative 🔴 → weak momentum
MACD: Bearish crossover 🔴 → sellers in control
ADX: Strong bearish trend 🔴
Parabolic SAR: Bearish 🔴
TD Sequential: 1 Up ✅ → bounce attempt
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🎯 Trading Plan
Entry Zone: $0.470 – $0.478
Take Profit (TP):
TP1: $0.490 🎯
TP2: $0.505 → resistance
TP3: $0.520 🚀 relief rally
Stop Loss: $0.460
⚡ If $0.460 fails → next floor $0.445.
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📝 Summary
👉 OPEN looks oversold and due for a bounce.
👉 Best play: scalp trades, quick exits, tight risk control.
Disclaimer : Not financial advice. Oversold can always get more oversold.
#OPEN #CryptoTrading #OpenLedger #DeFi #TradingSignals $OPEN
