Analysis of $Openfund Price Movement

1. Price Trend

• $Openfund peaked at approximately $0.22 before experiencing a steady decline to $0.08921.
• The current trend is strongly bearish, with lower highs and lower lows forming consistently.

2. Technical Analysis

• Support levels: $0.080, with a deeper support at $0.060.
• Resistance levels: Between $0.12 and $0.14.
• Trading volume: Surged during downward moves, indicating strong selling pressure.

3. Short-Term Outlook

• If selling pressure persists, the price could test the $0.080 support.
• If buying momentum increases, a potential rebound towards $0.12 resistance is possible.