$OPENAI
$OPENAI HAS STAGED A STRONG RECOVERY AFTER A SHARP SELLOFF. WHAT'S NEXT?
Looking at the daily chart, #OPENAI bounced strongly from the $1,050 area and quickly reclaimed the $1,200 zone.
The recent rally shows that buyers are stepping back into the market. However, the $1,280-$1,300 area is acting as a strong resistance zone.
If #buyers manage to break above this level, the next move could target the $1,350-$1,400 range.
If the price gets rejected, a pullback toward the $1,150-$1,180 support area is possible.
My expectation is that the current recovery may continue, but confirmation above resistance is still needed.
$OPENAI HAS STAGED A STRONG RECOVERY AFTER A SHARP SELLOFF. WHAT'S NEXT?
Looking at the daily chart, #OPENAI bounced strongly from the $1,050 area and quickly reclaimed the $1,200 zone.
The recent rally shows that buyers are stepping back into the market. However, the $1,280-$1,300 area is acting as a strong resistance zone.
If #buyers manage to break above this level, the next move could target the $1,350-$1,400 range.
If the price gets rejected, a pullback toward the $1,150-$1,180 support area is possible.
My expectation is that the current recovery may continue, but confirmation above resistance is still needed.