$OPEN has shown a strong upside move, gaining over +7% after bouncing cleanly from the $0.159–$0.160 demand zone, where selling pressure weakened and buyers stepped in aggressively. This support level acted as a key base for accumulation, and once defended, price began forming higher lows, signaling a short-term bullish shift. The breakout above the $0.164–$0.165 resistance range triggered momentum buying, pushing OPEN toward the $0.1693 local high, confirming renewed bullish strength in the market.
From a technical perspective, OPEN has reclaimed important moving averages, with the MA(25) now acting as dynamic support and the MA(99) holding the broader structure. The pump was supported by a noticeable increase in volume, indicating real participation rather than a low-liquidity spike. As long as price holds above the $0.164 support zone, bullish continuation remains possible, with a potential push toward the $0.170–$0.172 resistance area. However, after a quick expansion move, disciplined risk management is key, and pullbacks into support often provide better entries than chasing green candles.
OPEN
0.1745
-2.89%