SYN is in the repair-and-divergence zone—first look at the conditions, don’t guess the bottom.
Binance USDT-margined Perpetuals | SYN in the past 24 hours: -24.41%. Weakness remains. For the repair, first check whether the sell pressure is converging. The current price is about 0.1031, and the 24h trading volume is about 33.9593 million. Note: absolute trading volume does not equal relative volume.
Fund flows: short accounts account for 67%; the buy/sell ratio (active) is 0.76 (active sell orders are dominant); 30m open interest +0.4%; funding rate -0.0087%.
Reference indicators: 30m MACD histogram -0.0016, indicating short-term bearish momentum is dominant; 30m Super Trend 0.115630—price has broken below the reference level, suggesting that the trend support level is starting to come under pressure.
Which will you wait for first: will the active buy/sell ratio of 0.76 break above 1 first or continue deviating, or will the MACD histogram -0.0016 keep expanding or first start to converge?
#SYN #anomaly alert
Binance USDT-margined Perpetuals | SYN in the past 24 hours: -24.41%. Weakness remains. For the repair, first check whether the sell pressure is converging. The current price is about 0.1031, and the 24h trading volume is about 33.9593 million. Note: absolute trading volume does not equal relative volume.
Fund flows: short accounts account for 67%; the buy/sell ratio (active) is 0.76 (active sell orders are dominant); 30m open interest +0.4%; funding rate -0.0087%.
Reference indicators: 30m MACD histogram -0.0016, indicating short-term bearish momentum is dominant; 30m Super Trend 0.115630—price has broken below the reference level, suggesting that the trend support level is starting to come under pressure.
Which will you wait for first: will the active buy/sell ratio of 0.76 break above 1 first or continue deviating, or will the MACD histogram -0.0016 keep expanding or first start to converge?
#SYN #anomaly alert