$NILUSDT is showing an upward trend on the 15m and 1h charts, along with bullish MACD signals and RSI 14 at 60.6.
Open Interest has increased by 2.55% over the past 1 hour, indicating rising open positions. The positive funding rate ratio of 0.005% reflects a bias in funding costs for long positions.
Positioning data shows that both global and top traders lean toward the long side (long/short ratios are 1.33 and 1.53, respectively).
However, the taker buy/sell ratio at 0.913 suggests that selling pressure from takers is slightly dominant, and 24h trading volume has fallen by 47.1%.
The key resistance level to watch is 0.06869.
Risk warning: If the price fails to hold above the support level of 0.04986, the current trend may be invalidated.
👀 Market Watch: $SAGA, $PTB
#NILUSDT #BinanceFutures #Crypto #trading
Open Interest has increased by 2.55% over the past 1 hour, indicating rising open positions. The positive funding rate ratio of 0.005% reflects a bias in funding costs for long positions.
Positioning data shows that both global and top traders lean toward the long side (long/short ratios are 1.33 and 1.53, respectively).
However, the taker buy/sell ratio at 0.913 suggests that selling pressure from takers is slightly dominant, and 24h trading volume has fallen by 47.1%.
The key resistance level to watch is 0.06869.
Risk warning: If the price fails to hold above the support level of 0.04986, the current trend may be invalidated.
👀 Market Watch: $SAGA, $PTB
#NILUSDT #BinanceFutures #Crypto #trading
