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The price of OPEN has once again fallen back to a key position, and the market is closely watching whether it can hold the 1 dollar support line. Currently, OPEN is facing an important moment of testing.
After experiencing a rapid decline, the price of OPEN is currently stabilizing around the key support level of 1 dollar. This price level can be regarded as the dividing line between the bullish and bearish forces, which is crucial for future trends.
If the buying pressure can enter the market in a timely manner and firmly maintain this support level, we may see a rapid reversal in market sentiment. In this case, OP is expected to launch a rebound, with target prices potentially reaching the range of $1.10 to $1.15. This rebound would signify a restoration of investor confidence, which could attract more funds into the market and further drive up prices.
However, if the support level of 1 dollar is broken, the situation may become more severe. Selling pressure may significantly increase, and OP may fall into a new round of declining trend.
Currently, the entire market is nervously watching the trend of OP. Whether it can hold this key support level or will break down, triggering a new round of decline, the answers to these questions will gradually be revealed in the upcoming trades. Investors need to closely monitor market movements and manage risks effectively.