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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.
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Anon4461vip
· 11-22 11:08
I've seen this falling wedge compression pattern too many times; the key is still whether it can break out upwards.
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StrawberryIcevip
· 11-21 21:00
Fibonacci and golden ratio again... Bro, can it go up this time? Just looking at charts is useless.
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APY追逐者vip
· 11-21 20:45
Hmm.. falling wedge turning to pump? I've heard too much about this fib stuff, but 9.42 is indeed a key point, whether to bet or not depends on your courage.
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QuietlyStakingvip
· 11-21 20:37
The descending wedge compression is so obvious; if it doesn't break 9.42, it's meaningless.
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GhostWalletSleuthvip
· 11-21 20:35
The wedge-shaped trap is back again, every time they say the compressed pattern will explode, but what happens?
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OnchainDetectivevip
· 11-21 20:34
Wait, I need to analyze this falling wedge in detail... 0.618 Fibonacci, golden ratio, this data configuration seems a bit too textbook. According to on-chain data, the recent trading patterns of OPEN are unusual, and the behavior of large investors' wallets is very suspicious. Obvious fund connections point to several addresses, typical money laundering techniques. I have already identified the target address, is there any story behind the 9.42 point?
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RugPullAlertBotvip
· 11-21 20:33
Falling wedge? Forget it, I'll just see if OPEN can recover my losses.
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