💰 $OPEN BREAKDOWN CONTINUATION SETUP

🔽 SHORT
✳️ ENTRY: 0.2085 – 0.2140 – 0.2200
🎯 TARGETS: 0.2029 – 0.1980 – 0.1910 – 0.1839 – 0.1792 – 0.1670 – 0.1500
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.2250
#OPEN is showing a clean bearish structure after rejecting from the 0.29 region, forming lower highs and lower lows with consistent downside pressure. Price is now trading below MA25 and MA99, while repeatedly failing to reclaim them—clear sign of trend weakness. The recent bounce attempts are getting sold into, indicating strong supply zones above. MACD remains in bearish territory with expanding negative momentum, and RSI is sitting near oversold but not showing any strong reversal signal yet—this often leads to continuation dumps rather than immediate bounces.
Current positioning near MA200 support is critical—any rejection from reclaim attempts can accelerate the downside move. Best approach is to scale entries across resistance zones while letting momentum play out toward deeper targets.