$OPEN Bounce Zone Activated
$OPEN just experienced a sharp flush from 0.1960 → 0.1767, but the move is now approaching a critical demand zone where buyers could step back in aggressively. The selling pressure appears to be fading, and the market is entering a high-probability rebound area.
This is a classic pullback-to-support setup — panic selling meets smart accumulation.
Key Market Levels
Support Zone: 0.1720 – 0.1750 → buyer defense area
Resistance: 0.1870 → breakout trigger
As long as support holds, the structure favors a recovery move.
Trade Setup — Bounce Play
Entry Zone: 0.1725 – 0.1770
TG1: 0.1870 — first recovery target
TG2: 0.1960 — reclaim previous highs
TG3: 0.2050 — full momentum expansion
Stop Loss: Below 0.1700
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