OPEN · Market structure

OpenLedger (OPEN) market structure today

OPEN market structure on the 1h, 4h and daily charts of the Binance OPENUSDT perpetual, recalculated every two hours from closed candles. The page also links Finora’s recent market notes on X about OPEN.

Last updated: 2 November 2026, 20:23 UTC

Market structure now

Calculated 2 November 2026, 20:23 UTC from closed candles of the Binance OPENUSDT perpetual, last price 0.0822.

OPEN market structure by timeframe, calculated 2 November 2026, 20:23 UTC
Chart	Trend	Last swing high	Last swing low	Trend flips on	RSI 14
1h	Bearishsince 31 Oct, 17:00 UTC	0.0839LH · 2 Nov, 13:00 UTC	0.0813LL · 2 Nov, 10:00 UTC	Close above 0.0839turns it bullish · 2.07 percent away	36.6
4h	Bearishsince 2 Oct, 20:00 UTC	0.0927LH · 31 Oct, 12:00 UTC	0.0770LL · 30 Oct, 00:00 UTC	Close above 0.0927turns it bullish · 12.77 percent away	36.0
Daily	Bearishsince the 18 Aug close	0.1000LH · 24 Oct	0.0864LL · 18 Oct	Close above 0.1000turns it bullish · 21.65 percent away	32.6

Summary built from the table The 1h, 4h and daily trends are all bearish. The 1h trend turned bearish with a close below 0.0862 at 17:00 UTC on 31 Oct, the 4h trend with a close below 0.1263 at 20:00 UTC on 2 Oct, and the daily trend with a close below 0.1527 on 18 Aug. The nearest flip level is 0.0839 on the 1h chart, 2.07 percent from the last price; a 1h close above it would turn the 1h trend bullish.

Last 24 hours (rolling, at calculation time): down 0.60 percent, range 0.0803 to 0.0851.
Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at 3 Nov, 00:00 UTC; the contract pays every 4 hours. Funding rates across the market
Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.

The last 60 closed four-hour candles of OPENUSDT with every confirmed swing label and the 4-hour flip level (dashed). A swing is confirmed five candles after it forms.

Recent swing points

1h: lower low 0.0815 (2 Nov, 00:00 UTC), lower high 0.0851 (2 Nov, 03:00 UTC), lower low 0.0813 (2 Nov, 10:00 UTC), lower high 0.0839 (2 Nov, 13:00 UTC)
4h: lower low 0.0888 (26 Oct, 20:00 UTC), lower high 0.0954 (28 Oct, 20:00 UTC), lower low 0.0770 (30 Oct, 00:00 UTC), lower high 0.0927 (31 Oct, 12:00 UTC)
Daily: lower high 0.1523 (18 Sep), higher low 0.1280 (20 Sep), lower low 0.0864 (18 Oct), lower high 0.1000 (24 Oct)

How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.

About this page

OPEN trades on Binance Futures as the USDT-margined OPENUSDT perpetual, listed on 8 September 2025. By 24-hour trading volume it was the 259th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.

This page counts 2 of Finora’s posts about OPEN from the last 30 days: 2 short market notes on X. The most recent ones are listed below.

There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every two hours from closed candles, with the time of the last run printed above it.

How to use this page

Start with the timeframe you actually trade, then look one step up. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.

How Finora reads a chart explains how a read is built. Treat every number here as a note from the time printed next to it, then check the live chart before you act.

Educational content, not financial advice. The structure data is calculated automatically and can be wrong or out of date by the time you see it. Trading involves risk; you make your own decisions.