📉 Why OPEN may struggle to hit $10 this week
A lot of buzz is building around OPEN, but the setup shows real challenges:
Resistance zone: The $10 level has acted as a strong psychological and technical barrier. Heavy sellers are likely to take profit before that round number.
Volume vs. momentum: Recent spikes came on lighter volume compared to earlier rallies — momentum is fading instead of building.
Macro headwinds: With interest rates still elevated, housing demand isn’t accelerating fast enough to justify a sustained breakout.
Overbought signals: Short-term charts are flashing overbought RSI readings, which usually trigger pullbacks before another leg up.
Unless new catalysts emerge, OPEN looks more likely to consolidate or retrace than cleanly break $10 this week.
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