$ASTS has pulled up 12.225% over the past 24 hours, but the perpetual funding rate is stuck at zero, which makes for an interesting combination. Price is pushing higher together with trading volume (nearly $7.89 million), but open interest (42,100) isn’t rising at the same pace. My read: this move looks more like spot- or sentiment-driven action, and the derivatives side hasn’t yet formed a clear bullish cost basis. Since funding is zero, there’s no immediate risk of overcrowded longs or a squeeze for now. Next, watch whether open interest can catch up; if OI stays flat and price rolls over, then the short-term momentum is just noise.

Trading tag: #BinanceFutures #TradFi #USDⓈM #ASTS #ASTSUSDT $ASTS