AVAX-USD price and open interest moved in opposite directions.
Avalanche is your range-pair tension. Avalanche price and open interest moved in opposite directions. Last trade was 6.24$, sitting just above immediate support at 6.2367$, with resistance up at 6.2467$. Funding rates are negative at -5.44…
Avalanche price and open interest moved in opposite directions. Last trade was 6.24$, sitting just above immediate support at 6.2367$, with resistance up at 6.2467$. Funding rates are negative at -5.44 percent annualized and open interest jumped 8.12 percent in 24 hours. That's fuel for sharp reversals, the risk is a sudden break either side of support or resistance if liquidity thins out.
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