$OPEN surged 40%, the counterattack has begun Emotions are reflected in the price, vividly! After @OpenledgerHQ officially announced the repurchase of OPEN using corporate revenue, the coin price immediately rose by 40%, and this was before the details were announced and execution began. So, confidence, oh confidence, is something more precious than gold; when the market conveys confidence, the price responds immediately. Let’s dive in! ⬇️ In the previous post, it was mentioned that after positive news, there might be a pullback; after a quick rise, the market would naturally complete a turnover and digest, and indeed it has pulled back a bit. Today, $OPEN surged again by 20%. If it can stabilize at 0.64, I believe the official counterattack will begin, with the next two resistance levels at 0.74 and 0.98, which would bring it back to a market cap near 1 billion. This way, all the selling pressure after TGE will be digested, and then it will depend on how the team gradually executes the repurchase and iterates the product. Today, the official Twitter updated a tweet, somewhat cryptic, but the general idea is clear: the next phase of staking will offer up to 30% APY, possibly still on the mainnet. Once the details are out, this will add another measure favorable for price increase: repurchase + staking + corporate revenue, indicating that the Little Octopus Foundation still has plans. On the road, for specific position details, see the image below; it may be biased, but it’s also an objective analysis, just recording it. / Author: anymose | A soft-core science writer This article is for informational purposes only and does not constitute any investment advice; always remember to DYOR!