📉 LINK’s rebound lacks an increase in open interest, short-term outlook bearish
Nov 7, the latest available LINKUSDT quote is around 10.86 USDT. Binance market data (https://www.binance.com/en/futures/LINKUSDT)
Futures OI is about $83.8 million, down 0.9% over 24 hours; funding rate is +0.01% per 8 hours. The taker buy/sell volume ratio over the past hour is 1.69. Buying has recovered, but without an increase in open interest, the rebound’s staying power is in doubt. Open interest and fund flows (https://closedcandle.com/coin/link)
The 4-hour RSI is 42.4, MACD remains below the zero line, and trading volume is only 36% of the average for the previous 20 candles. The weakness has yet to reverse. Technical indicators (https://closedcandle.com/coin/link/indicators)
Over the next 4–24 hours, the price is likely to pull back after a rebound. Support is at 10.63, with a break below potentially testing 10.51. Resistance is at 11.04–11.20. A high-volume hold above 11.20 would invalidate the bearish outlook and point to an upward recovery.
#LINK #LINKUSDT #合约数据 #MarketAnalysis
Nov 7, the latest available LINKUSDT quote is around 10.86 USDT. Binance market data (https://www.binance.com/en/futures/LINKUSDT)
Futures OI is about $83.8 million, down 0.9% over 24 hours; funding rate is +0.01% per 8 hours. The taker buy/sell volume ratio over the past hour is 1.69. Buying has recovered, but without an increase in open interest, the rebound’s staying power is in doubt. Open interest and fund flows (https://closedcandle.com/coin/link)
The 4-hour RSI is 42.4, MACD remains below the zero line, and trading volume is only 36% of the average for the previous 20 candles. The weakness has yet to reverse. Technical indicators (https://closedcandle.com/coin/link/indicators)
Over the next 4–24 hours, the price is likely to pull back after a rebound. Support is at 10.63, with a break below potentially testing 10.51. Resistance is at 11.04–11.20. A high-volume hold above 11.20 would invalidate the bearish outlook and point to an upward recovery.
#LINK #LINKUSDT #合约数据 #MarketAnalysis