$FLUID is up 23.8% in 24 hours, and the 1h candle still closed above the 48-hour high.
The 1h candle closed at 2.621, above the previous high of 2.574. Trading volume was 6.09 million U, 4.6 times the usual level.
My take: Along with the increase in volume, open interest rose 16% on the 1h timeframe and 30% on the 4h timeframe. That suggests this wasn't just a spot-driven move—money is flowing into futures too. But over the past 12 hours, five 1h candles have already closed above new highs. With a sizable 24-hour gain and a funding rate of +0.04%, more and more people are chasing the move, so keep the risk of a pullback in mind.
Holding above 2.62 would confirm the breakout; falling back below 2.50 would make it a false move.
Do you think $FLUID 's rally will continue, or is it nearing its end? Share your thoughts in the comments.
#FLUID #山寨币 #Futures
Not investment advice.
The 1h candle closed at 2.621, above the previous high of 2.574. Trading volume was 6.09 million U, 4.6 times the usual level.
My take: Along with the increase in volume, open interest rose 16% on the 1h timeframe and 30% on the 4h timeframe. That suggests this wasn't just a spot-driven move—money is flowing into futures too. But over the past 12 hours, five 1h candles have already closed above new highs. With a sizable 24-hour gain and a funding rate of +0.04%, more and more people are chasing the move, so keep the risk of a pullback in mind.
Holding above 2.62 would confirm the breakout; falling back below 2.50 would make it a false move.
Do you think $FLUID 's rally will continue, or is it nearing its end? Share your thoughts in the comments.
#FLUID #山寨币 #Futures
Not investment advice.
