$HANA hit a new high again today after confirming 0.0154 last night.
Trading volume over the past 15 minutes reached 2.18 million U, about 11 times the usual amount, and the price is now at 0.01671.
My take: both volume and coin-margined open interest are rising. Open interest is up 13% over the past hour, suggesting money is flowing in. But the funding rate is still +0.076%, the broader market is still cooling off, and retail longs are getting crowded, so any pullback could be sharp.
Holding above 0.0167 would confirm the move; falling back to 0.0154 would make it a fakeout.
Do you think $HANA is starting its second leg, or will it fall back to last night's starting point? Share your thoughts in the comments.
#HANA #山寨币 #Futures
This is not investment advice.
Trading volume over the past 15 minutes reached 2.18 million U, about 11 times the usual amount, and the price is now at 0.01671.
My take: both volume and coin-margined open interest are rising. Open interest is up 13% over the past hour, suggesting money is flowing in. But the funding rate is still +0.076%, the broader market is still cooling off, and retail longs are getting crowded, so any pullback could be sharp.
Holding above 0.0167 would confirm the move; falling back to 0.0154 would make it a fakeout.
Do you think $HANA is starting its second leg, or will it fall back to last night's starting point? Share your thoughts in the comments.
#HANA #山寨币 #Futures
This is not investment advice.
