ERA is the only coin in the DeFi sector bucking the trend today, closing above the range high of 0.08865 at 15:00. ARIA went from yesterday’s top-gainers list to -19.17% today, with a bearish 1h CHoCH reversal signal.
1. $ERA Bullish, an outlier in the sector
The DeFi sector is down an average of 1.8% today, while ERA is up 11.40% to 0.09242, with a trading volume of 92.333 million.
Price is above SMA20 at 0.08696, with the SMAs in bullish alignment: SMA20 > SMA50 at 0.08254 > SMA200 at 0.07422. The Bollinger Band position is 0.87, near the upper band at 0.09418. At 15:00, price closed above the swing high of 0.08865, but the candle had a small body and showed no displacement, so confirmation is needed.
Resistance above: 0.09285→0.09349; support: 0.08547→0.08354. A break below 0.08547 would return price to the range. The 2h and 4h charts are also range-bound with a bullish bias. RSI has pulled back from 66.6 to 60.3, and volume is 1.20x average.
2. $ARIA Bearish, from the top of the leaderboard to a breakdown in one day
Down 19.17% to 0.19613, with a trading volume of 315 million. At 15:00, price closed below the key swing low of 0.22671, signaling a CHoCH reversal.
Price is below SMA20 at 0.23403, and SMA50 at 0.22666 is also overhead. The Bollinger Band position is 0.11, near the lower band. RSI has fallen from 35.5 to 33.7, and a hidden bearish divergence is also marked.
Resistance on a rebound: 0.21841→0.21989; support: 0.17804→0.17380. Volume is only 0.27x average, indicating contraction. The order book ratio is 1.22, with bids slightly thicker—an opposing factor for the bears.
According to Wu Blockchain, Wintermute currently holds over $72 million in short positions on Hyperliquid.
Which level will be taken out first: ERA’s 0.09285 or ARIA’s 0.21841?
Data source: Binance USDT-margined contracts, collected at 16:05 Beijing time on 11-12. Cited source: Wu Blockchain. Not investment advice.
1. $ERA Bullish, an outlier in the sector
The DeFi sector is down an average of 1.8% today, while ERA is up 11.40% to 0.09242, with a trading volume of 92.333 million.
Price is above SMA20 at 0.08696, with the SMAs in bullish alignment: SMA20 > SMA50 at 0.08254 > SMA200 at 0.07422. The Bollinger Band position is 0.87, near the upper band at 0.09418. At 15:00, price closed above the swing high of 0.08865, but the candle had a small body and showed no displacement, so confirmation is needed.
Resistance above: 0.09285→0.09349; support: 0.08547→0.08354. A break below 0.08547 would return price to the range. The 2h and 4h charts are also range-bound with a bullish bias. RSI has pulled back from 66.6 to 60.3, and volume is 1.20x average.
2. $ARIA Bearish, from the top of the leaderboard to a breakdown in one day
Down 19.17% to 0.19613, with a trading volume of 315 million. At 15:00, price closed below the key swing low of 0.22671, signaling a CHoCH reversal.
Price is below SMA20 at 0.23403, and SMA50 at 0.22666 is also overhead. The Bollinger Band position is 0.11, near the lower band. RSI has fallen from 35.5 to 33.7, and a hidden bearish divergence is also marked.
Resistance on a rebound: 0.21841→0.21989; support: 0.17804→0.17380. Volume is only 0.27x average, indicating contraction. The order book ratio is 1.22, with bids slightly thicker—an opposing factor for the bears.
According to Wu Blockchain, Wintermute currently holds over $72 million in short positions on Hyperliquid.
Which level will be taken out first: ERA’s 0.09285 or ARIA’s 0.21841?
Data source: Binance USDT-margined contracts, collected at 16:05 Beijing time on 11-12. Cited source: Wu Blockchain. Not investment advice.