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OPEN (Opendoor) is carving out something interesting - looks like a descending wedge pattern taking shape. What does this mean?
Consolidation phase with tightening volatility. Classic setup that traders watch for.
Price targets? Eyes on 9.42 first - that's sitting right at the 0.618 Fibonacci retracement. Beyond that, 13.48 marks the Golden Ratio zone.
Could be forming a bullish pennant too. Either way, the structure's there. Compression patterns like these tend to resolve with momentum. Worth tracking if you're following OPEN.