$OPN — Oversold bounce on watch!
The bears have pushed OPEN into the 0.0500 support zone. Could a relief bounce be next?
📍 Trade Zone: 0.05062 – 0.05175 🎯 TP1: 0.0552 🎯 TP2: 0.0583 🛑 SL: 0.04855
The 1H downtrend is still dominant, so don't mistake a bounce for a full reversal.
Manage your risk. No all-ins, fam.
Also keeping an eye on $SOL
and $BTW
today.
The bears have pushed OPEN into the 0.0500 support zone. Could a relief bounce be next?
📍 Trade Zone: 0.05062 – 0.05175 🎯 TP1: 0.0552 🎯 TP2: 0.0583 🛑 SL: 0.04855
The 1H downtrend is still dominant, so don't mistake a bounce for a full reversal.
Manage your risk. No all-ins, fam.
Also keeping an eye on $SOL
and $BTW
today.