๐ Open interest in WCT remains strong despite price decline
๐ Currency Indicators
Price $0.03056 ๐ป1.91% over the hour ๐ป6.02% over 24 hours
Market Cap $57.49 million
Open Interest $12.94 million
Trading Volume $28.36 million
Open Interest to Volume Ratio 0.4565
๐ Order Book Data
Funding Rate ๐ป0.000007523%
Orders within 10% depth reached 2.09 million
Offers within 10% depth reached 1.89 million
Orders within 30% depth reached 2.15 million
Offers within 30% depth reached 2.52 million
Order to Offer Ratio at 10% reached 1.11
And at 30% reached 1.17
๐ง Technical Analysis
Despite the price decline and the funding turning negative
Open interest is still high, reflecting active positions
Demand strength dominates supply at both 10% and 30% depths
Which may indicate a potential price rebound if sellers lose momentum
๐ Watch WCT for potential buying opportunities at key support areas
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