The top 3 Binance perpetual contract gainers over the past 24 hours are AKE, SHELL, and TAC. Here’s a quick review for the morning market watch.
No snapshot of the previous signal was provided, so no comparison will be fabricated. Instead, changes in open interest over the past 24 hours and the last hour will be used to assess whether the upward moves are continuing.
AKE is currently priced at 0.012983, up 383.54% over 24 hours, with a trading volume of $1.203 billion.
Open interest is $54.3688 million, up 432.4% over 24 hours and continuing to rise, up 4.4% in the last hour.
The funding rate is 0.1053%, with longs paying for 8 consecutive periods. The relative strength index has also reached 86.7, putting it in overbought territory.
SHELL is currently priced at 0.0341, up 75.23% over 24 hours, with a trading volume of $198 million.
Open interest is $7.4130 million, up 389.1% over 24 hours, but rose just 0.1% in the last hour, indicating a marked slowdown in short-term open-interest growth.
The Supertrend remains bullish, the relative strength index is 66.5, and the perpetual contract premium rate is -0.1376%.
TAC is currently priced at 0.001234, up 34.72% over 24 hours, with a trading volume of $25.2841 million.
Open interest is $4.0223 million, up 75.6% over 24 hours but down 0.6% in the last hour, so the latest open interest has not continued to expand.
The overall long/short ratio is 3.03, with longs accounting for 75%. The relative strength index has reached 86.1, putting it in overbought territory.
The Supertrend for all three is currently bullish, but the strength of their upward momentum is beginning to diverge.
Next, we’ll monitor whether open interest over the coming hour continues to support prices. AKE and TAC also show overbought conditions or concentrated long positioning, so watch for the pullbacks from elevated levels often seen among top gainers.
$AKE $SHELL $TAC
#PerpetualContractWatch
Generated with assistance from Claude Fable 5. For market information only; this is not investment advice.
No snapshot of the previous signal was provided, so no comparison will be fabricated. Instead, changes in open interest over the past 24 hours and the last hour will be used to assess whether the upward moves are continuing.
AKE is currently priced at 0.012983, up 383.54% over 24 hours, with a trading volume of $1.203 billion.
Open interest is $54.3688 million, up 432.4% over 24 hours and continuing to rise, up 4.4% in the last hour.
The funding rate is 0.1053%, with longs paying for 8 consecutive periods. The relative strength index has also reached 86.7, putting it in overbought territory.
SHELL is currently priced at 0.0341, up 75.23% over 24 hours, with a trading volume of $198 million.
Open interest is $7.4130 million, up 389.1% over 24 hours, but rose just 0.1% in the last hour, indicating a marked slowdown in short-term open-interest growth.
The Supertrend remains bullish, the relative strength index is 66.5, and the perpetual contract premium rate is -0.1376%.
TAC is currently priced at 0.001234, up 34.72% over 24 hours, with a trading volume of $25.2841 million.
Open interest is $4.0223 million, up 75.6% over 24 hours but down 0.6% in the last hour, so the latest open interest has not continued to expand.
The overall long/short ratio is 3.03, with longs accounting for 75%. The relative strength index has reached 86.1, putting it in overbought territory.
The Supertrend for all three is currently bullish, but the strength of their upward momentum is beginning to diverge.
Next, we’ll monitor whether open interest over the coming hour continues to support prices. AKE and TAC also show overbought conditions or concentrated long positioning, so watch for the pullbacks from elevated levels often seen among top gainers.
$AKE $SHELL $TAC
#PerpetualContractWatch
Generated with assistance from Claude Fable 5. For market information only; this is not investment advice.
