Just finished reading through the Binance Futures data breakdown for several tokens. A few names have charts and OI that look pretty appealing,
$SAND looks the cleanest: price is climbing, volume is coming in, and OI has also increased from 205 million to 218 million SAND. If it breaks through the $0.06004 area and holds there, the next leg could gain momentum.
$MINA is also interesting. It dipped a little yesterday but quickly recovered to $0.07899, while OI kept rising to 80.62 million. Buyers still seem to be adding to their positions as price is pushed higher. The next key level is $0.07951.
$RSR has been moving pretty aggressively. OI jumped past 4.19 billion RSR, alongside a pickup in volume. The nearest targets are $0.02048–$0.02094.
As for $NMR ($12.355) and $NIL ($0.08724), they're still trending up, but their OI has slipped a bit. This suggests some of the gains may be due to a short squeeze or traders closing positions, rather than genuine new long accumulation.
Structurally, the three charts that look clearest are still $SAND , $MINA , and $RSR . We’ll have to see how their 4-hour candles develop later tonight.
$SAND looks the cleanest: price is climbing, volume is coming in, and OI has also increased from 205 million to 218 million SAND. If it breaks through the $0.06004 area and holds there, the next leg could gain momentum.
$MINA is also interesting. It dipped a little yesterday but quickly recovered to $0.07899, while OI kept rising to 80.62 million. Buyers still seem to be adding to their positions as price is pushed higher. The next key level is $0.07951.
$RSR has been moving pretty aggressively. OI jumped past 4.19 billion RSR, alongside a pickup in volume. The nearest targets are $0.02048–$0.02094.
As for $NMR ($12.355) and $NIL ($0.08724), they're still trending up, but their OI has slipped a bit. This suggests some of the gains may be due to a short squeeze or traders closing positions, rather than genuine new long accumulation.
Structurally, the three charts that look clearest are still $SAND , $MINA , and $RSR . We’ll have to see how their 4-hour candles develop later tonight.