Markets· ★★· neutral·

Algorand open interest on Binance rises 3.12% in 24 hours

  • —Binance ALGO open interest: about $8.59 million, up 3.12% in 24 hours
  • —Aggregate open interest across exchanges: $24.1 million, up 1.2%
  • —ALGO at $0.1033, with support at $0.1012 and resistance at $0.1052
  • —200-day SMA at $0.1005, per Coinotag data
Why it matters: Rising open interest signals fresh leverage entering ALGO, though it does not indicate which side dominates.
#ALGO
Source: TokenPost
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