$EPICUSDT is showing an uptrend on the H1 timeframe, while the 15m timeframe is sideways. The MACD indicator is bullish, but RSI14 is at a neutral level of 49.
Open Interest over 1h is almost flat (+0.04%), while trading volume has dropped significantly (-41.6%). The funding rate is slightly positive (0.005%), suggesting the funding cost bias is leaning toward the buy side.
The taker buy/sell ratio is 1.055, indicating that proactive buy pressure is slightly stronger. The positions of Top Traders are heavily tilted toward Long (74.6%), while the global long/short ratio is fairly balanced.
The key resistance level is $0.5889. If the price breaks below support at $0.5153, the bullish scenario may be invalidated.
👀 Market Watch: $PTB, $SAGA
#EPICUSDT #BinanceFutures #Crypto #trading
Open Interest over 1h is almost flat (+0.04%), while trading volume has dropped significantly (-41.6%). The funding rate is slightly positive (0.005%), suggesting the funding cost bias is leaning toward the buy side.
The taker buy/sell ratio is 1.055, indicating that proactive buy pressure is slightly stronger. The positions of Top Traders are heavily tilted toward Long (74.6%), while the global long/short ratio is fairly balanced.
The key resistance level is $0.5889. If the price breaks below support at $0.5153, the bullish scenario may be invalidated.
👀 Market Watch: $PTB, $SAGA
#EPICUSDT #BinanceFutures #Crypto #trading
