How much more does $OPEN need to rise to break through the resistance level? The entire downward channel looks like a tightly wound spring, ready at any moment for a decisive breakout. Buyers have been holding onto the same support area, and the consolidation range is getting narrower and narrower. When this situation finally breaks, it won't be a slow climb but a sharp jump. From a technical perspective, such tightening price ranges often signal the brewing of a strong directional trend. The key is to watch when the buying and selling forces become unbalanced. Once the support effectively breaks through the resistance above, the release of potential energy will be quite rapid.