Open interest jumped 5.35% in one hour. $BEAT still failed the cleaner test.
The rebound reached 0.1394 with taker buying at 51.36%, but the bar rejected from 0.1455. Price only marginally reclaimed the 30m EMA20, remains below the EMA50, and the 4h structure is still deeply bearish.
🔍 Comparable OI-supported rebounds produced a -3.20% median return over the next 24 hours, with just 46.6% finishing positive.
⚡ Above 0.146 would strengthen the recovery case.
📉 Below 0.128 would confirm renewed weakness.
Which breaks first: 0.146 or 0.128?
#Altcoins #OpenInterest #TechnicalAnalysis #Write2Earn
Not financial advice. DYOR.
The rebound reached 0.1394 with taker buying at 51.36%, but the bar rejected from 0.1455. Price only marginally reclaimed the 30m EMA20, remains below the EMA50, and the 4h structure is still deeply bearish.
🔍 Comparable OI-supported rebounds produced a -3.20% median return over the next 24 hours, with just 46.6% finishing positive.
⚡ Above 0.146 would strengthen the recovery case.
📉 Below 0.128 would confirm renewed weakness.
Which breaks first: 0.146 or 0.128?
#Altcoins #OpenInterest #TechnicalAnalysis #Write2Earn
Not financial advice. DYOR.