$XAN Direction: Long
The 15-minute candlestick at 04:00 surged directly from 0.010136 to 0.012555, gaining 24% in a single candle. By 04:45 it had reached 0.01266, and at 05:00 it hit a high of 0.0128.
Since then, it has been consolidating at elevated levels between 0.0117 and 0.0128. It is now at 0.012181.
Up 55.56% in 24 hours, it has climbed from 0.007556, a gain of 61%.
It is at 91.7% of the range, near the high.
Trading volume: $42.3 million.
Funding rate: -0.13%, negative, meaning shorts are paying.
The retail long/short ratio has fallen from 2.56 to 1.93, with the long share dropping from 71.9% to 65.9%. Some traders are taking profits.
Direction: Long. Consolidation at elevated levels after a sharp surge is a way to digest the gains. As long as it holds above 0.0117, the trend remains strong.
$XAN #XAN #做多 #合约
The 15-minute candlestick at 04:00 surged directly from 0.010136 to 0.012555, gaining 24% in a single candle. By 04:45 it had reached 0.01266, and at 05:00 it hit a high of 0.0128.
Since then, it has been consolidating at elevated levels between 0.0117 and 0.0128. It is now at 0.012181.
Up 55.56% in 24 hours, it has climbed from 0.007556, a gain of 61%.
It is at 91.7% of the range, near the high.
Trading volume: $42.3 million.
Funding rate: -0.13%, negative, meaning shorts are paying.
The retail long/short ratio has fallen from 2.56 to 1.93, with the long share dropping from 71.9% to 65.9%. Some traders are taking profits.
Direction: Long. Consolidation at elevated levels after a sharp surge is a way to digest the gains. As long as it holds above 0.0117, the trend remains strong.
$XAN #XAN #做多 #合约
