I'm paying attention to $W k as the price increased by 15.04% over the past 24 hours to 0.014111. The interesting part is that trading volume jumped 106.3%, alongside a strong 12.02% increase in open interest within just 1 hour, indicating that capital is flowing in quite aggressively in the short term. However, the RSI 14 has risen to 72.8 and the price is approaching the resistance zone at 0.014265. The global long-short ratio is 1.58, but the taker buy/sell ratio is currently leaning toward selling at 0.71. In this segment, I'm not in a hurry to FOMO yet and will observe whether the price can break through the resistance area.

#$W #BinanceSquare #Crypto