📢 $OPEN / USDT | 🔴 SHORT | ⭐ 73%
🎯 Target: $0.10988665. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.1135
🛑 Stop Loss: $0.115507
🏁 TP1: $0.109887
🏁 TP2: $0.107879
🏁 TP3: $0.10547
📈 Analysis:
The asset is showing a clear bearish structure with lower lows and a confirmed support break on the 4-hour timeframe. Selling pressure is backed by a significant increase in trading volume, which is 72.9% above average. In addition, current momentum is weak, and the MACD trend indicator confirms that sellers are in control of the market.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price moves forcefully through a support or resistance level, which often indicates that the current trend may continue in that direction.
#crypto #OPEN #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.10988665. Will it get there?
🎯 Trade levels:
🔴 Entry: $0.1135
🛑 Stop Loss: $0.115507
🏁 TP1: $0.109887
🏁 TP2: $0.107879
🏁 TP3: $0.10547
📈 Analysis:
The asset is showing a clear bearish structure with lower lows and a confirmed support break on the 4-hour timeframe. Selling pressure is backed by a significant increase in trading volume, which is 72.9% above average. In addition, current momentum is weak, and the MACD trend indicator confirms that sellers are in control of the market.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price moves forcefully through a support or resistance level, which often indicates that the current trend may continue in that direction.
#crypto #OPEN #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
