I’m paying attention to this segment $STX đ because the price has bounced quite strongly—up more than 18% over the past 24 hours—along with a transaction volume surge of over 101%. The RSI on the smaller timeframe has reached 70.1, and the price is currently nearing the resistance zone around 0.3839. Open Interest increased by about 5.6% within the last hour, indicating that money is still flowing into derivative positions fairly actively. However, the funding rate is slightly negative at -0.0441%, which is worth noting while the Long and Short sides are still battling in this resistance area. I’m not rushing to take action yet and will continue observing how the price reacts here.

#STX #BinanceSquare #Crypto

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