UNITREE Gains 7.42% as Morning Binance Futures Accounts Lean Short

The Unitree Robotics Pre-IPO Tokenized Index (UNITREE) gained 7.42% over 24 hours to $106.07 at 7:53 p.m. ET Monday, Nov. 9 (00:53 UTC Tuesday), while short accounts outnumbered long accounts on Binance Futures.

The price was $2.49 below the $108.56 upper Bollinger band. UNITREE traded above its seven-day simple moving average (SMA) of $98.12, 20-day SMA of $95.03 and 50-day SMA of $78.80. Its 14-day relative strength index was 78.69, and Stochastic %K was 84.98.

At 8 a.m. ET Monday (13:00 UTC), 30.2% of global Binance futures accounts were long and 69.8% were short. Among top-trader accounts, 29.2% were long and 70.8% were short. The one-hour taker buy/sell ratio was 1.1154, with buy volume of 2,948 and sell volume of 2,643.

Binance Futures open interest totaled 167,243.20 contracts, valued at $15,255,652, down 1.05% over 24 hours. The funding rate was 0.0000%.

Listed resistance levels were $111.09 and $116.10; support levels were $99.47 and $92.86, with a pivot at $104.48. The 14-day average true range was $6.48.

Earlier, UNITREE perpetual contracts rose 30% over two days as funding turned more negative.