$OPEN has just recorded $25.6K in short liquidations around $0.227, meaning bearish traders were caught as price pushed upward. After a short squeeze, the market can sometimes cool down and retest lower levels once aggressive buyers lose momentum. This setup is therefore focused on a controlled short from resistance rather than selling directly into strength.
📉 SHORT 🔻
🎯 EP: $0.227 – $0.230
🎯 TP1: $0.221
🎯 TP2: $0.215
🎯 TP3: $0.208
🛑 SL: $0.235
Wait for rejection or weakening momentum near the entry zone. A clean break above $0.235 invalidates the setup.
🔥 Short squeeze detected — now watch the reversal on $OPEN!
