Two coins doubled overnight, and the charts behind them don't look alike at all.
Snapshot of the Binance perps as of 07:18 WIB.
$AIN sits at 0.1549, up about 118% in 24h on roughly $725M of volume. It spent ten days stuck around 0.034 to 0.044, then went vertical. Since last night it's been chopping between about 0.146 and 0.170, and hourly volume is cooling off. 1h RSI is near 69, but 4h is still around 92. Funding settled at +0.10% per 4h, which is steep. Odd split, too: about 78% of accounts are short, while top traders by position lean 61% long.
$EVAA is the steeper one. It's at 1.108, +117% after sitting in a 0.50 to 0.54 box for over a week. It climbed in steps, then a single hour spiked it to 1.166. RSI reads about 90 on 1h and 94 on 4h. OI in contracts is up roughly 80% in 24h. That's a lot of new leverage.
One thing that bugs me: on both coins, Binance OI is bigger than the market cap CoinGecko shows.
Levels I'm watching:
AIN: if 0.146 holds, the range stays intact. If it breaks, 0.129 is the next wick low. 0.170 is the ceiling.
EVAA: today's low at 1.065 first, then the 0.89 to 0.91 area. 1.166 is the high to watch.
I couldn't find a fresh official announcement for either.
Which chart would you rather study, the range or the staircase?
Not financial advice, DYOR.
#AIN #EVAA #Futures
Snapshot of the Binance perps as of 07:18 WIB.
$AIN sits at 0.1549, up about 118% in 24h on roughly $725M of volume. It spent ten days stuck around 0.034 to 0.044, then went vertical. Since last night it's been chopping between about 0.146 and 0.170, and hourly volume is cooling off. 1h RSI is near 69, but 4h is still around 92. Funding settled at +0.10% per 4h, which is steep. Odd split, too: about 78% of accounts are short, while top traders by position lean 61% long.
$EVAA is the steeper one. It's at 1.108, +117% after sitting in a 0.50 to 0.54 box for over a week. It climbed in steps, then a single hour spiked it to 1.166. RSI reads about 90 on 1h and 94 on 4h. OI in contracts is up roughly 80% in 24h. That's a lot of new leverage.
One thing that bugs me: on both coins, Binance OI is bigger than the market cap CoinGecko shows.
Levels I'm watching:
AIN: if 0.146 holds, the range stays intact. If it breaks, 0.129 is the next wick low. 0.170 is the ceiling.
EVAA: today's low at 1.065 first, then the 0.89 to 0.91 area. 1.166 is the high to watch.
I couldn't find a fresh official announcement for either.
Which chart would you rather study, the range or the staircase?
Not financial advice, DYOR.
#AIN #EVAA #Futures