LDO Taker Buying Contrasts With Falling Open Interest Near $0.45
Photo: TokenPost
Lido DAO’s LDO token traded at $0.44 on Oct. 11 as a 1.6452 taker buy/sell ratio coincided with a 2.64% decline in futures open interest, leaving the token near a cited $0.45 resistance zone. LDO moved between $0.42 and $0.44 over the 24-hour period and gained 0.53%. Binance spot volume totaled about $2.83 million, or $2,830,350. The one-hour taker-flow reading included 654,489 buy contracts and 397,809 sell contracts. The same data set also showed open interest at about 35.46 million contracts, down 2.64% over 24 hours, with a daily value of $14.73 million.
Source: TokenPost
