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$ICP In the last 24 hours, we've seen a pump of +15.88%, currently trading at 3.079 USDT, close to the 24h high.
📈 Price Action: 24h range 2.611 / 3.091, with a volatility of about 18.38%; lower boundary at 2.611 (15.20% below current price) / midline at 2.851 (7.41% below current price) / upper boundary at 3.091 (0.39% above current price), currently leaning towards the upper boundary; about 0.39% away from the 24h high.
📊 Data Watch: Trading volume around 89.60M USDT; current open interest (OI) around 11.77M ICP; whales holding long/short positions approximately 74.67% / 25.33%, long/short ratio at 2.95; nominal size at about 36.23M USDT based on the latest price; current funding rate -0.0634% (cost fluctuations around settlement need to be tracked), next settlement around 16:00 UTC.
🔎 Contract Details: Contract underlying $ICP ; trading pair ICP/USDT; public market name Internet Computer; exchange classification: Layer-1; live for about 1762 days; market cap rank #53; market cap around 1.68B USD; spot 24h trading volume about 194.63M USD.
⚠️ Technical Analysis: Watch for increased volume at the upper boundary of 3.091 and the proximity to the 24h high at about 0.39%, keeping an eye on selling pressure and profit-taking at these levels.
Data Source: Binance Futures public quotes + CoinGecko.
Are you more focused on the continuation of the trading volume or the gains/losses at the upper boundary? #ICP #perpetual contract