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$OPENAI SHORT SETUP — BEARS ARE STILL IN CONTROL!
$OPENAI continues to face strong selling pressure on the 1H chart, with a clear series of lower highs and lower lows. Price is now trading near the 1,403.91 support level, and a confirmed breakdown could trigger another bearish move.
Entry: 1,408.71
SL: 1,425.00
TP1: 1,403.91
TP2: 1,393.90
TP3: 1,380.00
Extended Target: 1,365.00
The bearish structure remains intact below 1,425. A sustained break below 1,403.91 would strengthen the downside setup, while a recovery above resistance could invalidate the short.
Will $OPENAI break below 1,400 or will buyers defend this support?