$OPEN is not a breakout, it’s a squeeze 🚨
Price at $0.1808 and up 14.87% looks cute, but the real story is the tape: 3.5x volume, RSI 72, and longs paying 0.005% while price sits 2% off the 30d high. That’s not “strong.” That’s crowded. 🧨
92% up its 30d range and MAs are still chopping. I’m not chasing this green candle into the roof. Let it cool, then talk.
#OPEN
#CryptoNews
Price at $0.1808 and up 14.87% looks cute, but the real story is the tape: 3.5x volume, RSI 72, and longs paying 0.005% while price sits 2% off the 30d high. That’s not “strong.” That’s crowded. 🧨
92% up its 30d range and MAs are still chopping. I’m not chasing this green candle into the roof. Let it cool, then talk.
#OPEN
#CryptoNews