$MAGIC 24h Gain: +73.17%, current price: 0.10596 $USDT.
๐ Volume and price: 24h trading volume 106.93M USDT; amplitude 75.64% (based on the low).
๐ 24h range: lower bound 0.0606 / arithmetic midpoint 0.08352 / upper bound 0.10644 USDT. The midpoint is the arithmetic average of the high and low.
๐ Range position: The current price is at 98.95% of the 24h range. Distance from the lower bound to the current price: 42.81% below the current price / distance from the midpoint to the current price: 21.18% below the current price / distance from the upper bound to the current price: 0.45% above the current price.
๐งญ Directional outlook: Bullish bias, but don't chase the rally. The gain is substantial and the current price is near the top of the range; this view is based on the current volume and price snapshot.
๐ Futures: Large traders' position long/short ratio 1.21; period 1h; longs 54.78% / shorts 45.22%; data timestamp 2026-10-10 00:00 (Beijing Time). Current funding rate -0.0085% (shorts pay longs); next settlement 2026-10-10 04:00 (Beijing Time).
Open interest (OI) is approximately 108.21M MAGIC; estimated notional value at the current price is 11.47M USDT. This is an open interest snapshot.
๐ Watch for whether the high-low range continues to widen; the current range describes only volatility that has already occurred.
As of 2026-10-10 00:59 (Beijing Time); source: Binance public futures market data.
#MAGIC #Futures Trading
๐ Volume and price: 24h trading volume 106.93M USDT; amplitude 75.64% (based on the low).
๐ 24h range: lower bound 0.0606 / arithmetic midpoint 0.08352 / upper bound 0.10644 USDT. The midpoint is the arithmetic average of the high and low.
๐ Range position: The current price is at 98.95% of the 24h range. Distance from the lower bound to the current price: 42.81% below the current price / distance from the midpoint to the current price: 21.18% below the current price / distance from the upper bound to the current price: 0.45% above the current price.
๐งญ Directional outlook: Bullish bias, but don't chase the rally. The gain is substantial and the current price is near the top of the range; this view is based on the current volume and price snapshot.
๐ Futures: Large traders' position long/short ratio 1.21; period 1h; longs 54.78% / shorts 45.22%; data timestamp 2026-10-10 00:00 (Beijing Time). Current funding rate -0.0085% (shorts pay longs); next settlement 2026-10-10 04:00 (Beijing Time).
Open interest (OI) is approximately 108.21M MAGIC; estimated notional value at the current price is 11.47M USDT. This is an open interest snapshot.
๐ Watch for whether the high-low range continues to widen; the current range describes only volatility that has already occurred.
As of 2026-10-10 00:59 (Beijing Time); source: Binance public futures market data.
#MAGIC #Futures Trading