This is a screenshot of a cryptocurrency trading interface on Binance, specifically for the 1000PEPE/USDT Perpetual Futures contract. Below is an explanation of the key details:
Main Information:
Trading Pair: 1000PEPE/USDT (Perpetual Futures contract)
Last Price: 0.0086646 USDT per 1000PEPE
Price Change: -6.28% (Indicating a price drop)
24h High: 0.0094217 USDT
24h Low: 0.0085626 USDT
24h Trading Volume:
1000PEPE: 69.71 billion
USDT: 628.19 million
Mark Price: 0.0086627 USDT (Used for liquidation calculations)
Technical Indicators:
Moving Averages (MA):
MA(7): 0.0087289 (Short-term trend)
MA(25): 0.0088497 (Medium-term trend)
MA(99): 0.0091041 (Long-term trend)
Trading Volume: Recent bars show increased volume, possibly due to sell-offs.
Market Sentiment & Trends:
Downtrend: The price has been falling, and shorter MAs are below longer MAs, indicating bearish momentum.
Historical Performance:
Today: -7.29%
7 Days: -11.25%
30 Days: -45.23%
90 Days: -54.79%
180 Days: +7.53%
1 Year: +589.20% (Despite short-term losses, long-term growth is significant)
Actions Available:
Buy (Green Button): Go long (bet on price increase)
Sell (Red Button): Go short (bet on price decrease)
Conclusion:
This chart suggests a bearish short-term trend, but strong long-term growth. Traders might consider technical signals and market sentiment before entering a tr