$OPEN & $CHIP BOTTOM OR TRAP? 📉
THE ANALYSIS:
Today, May 10, OPEN and CHIP are leading the losers list on Binance, both dropping over -10%.
OPEN: is currently trading at $0.195, struggling to find support after a sharp rejection at higher levels. The RSI on the 1-hour chart has cratered to 10.9, signaling an extreme oversold condition.
CHIP: is following close behind at $0.066, down -10.3%. It is currently testing a critical psychological floor.
CHIP
0.04078
+9.38%
OPEN
0.201
+4.19%