NEAR-USD had the largest absolute 24-hour open-interest change at +19.30%, alongside a one-day price return of +9.90%.
NEAR's positioning tells its own story: Open interest in NEAR surged 19.3 percent in the last day, with price up nearly 10 percent. Funding's steeply positive, so traders are paying a premium to stay long. This is a crowded, momentum-style…
Open interest in NEAR surged 19.3 percent in the last day, with price up nearly 10 percent. Funding's steeply positive, so traders are paying a premium to stay long. This is a crowded, momentum-style setup, it can unwind fast if sentiment turns. Support is close below at 2.116, resistance just above at 2.1474. Watch for sharp moves through either side.
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