2Z (2Z / USDT) — funding, open interest and structure
Mixed picture (+19.3% over 24h), price is stretched far (+27% from EMA200) — such stretches tend to snap back. The scenario is not mature: neither long nor short has an edge here.
Key numbers
- Price
- $0.0694
- 24h change
- +19.32%
- 24h volume
- $142.01M
- 24h high
- $0.0790
- 24h low
- $0.0570
- Market cap
- $252.64M
- Funding rate
- -0.34%
- Open interest
- $24.08M
- OI change, 24h
- +162.27%
- OI trend
- falling
- RSI (1h)
- 56
- ATR / price
- +1.45%
- Volume vs average
- 0.99x
What is happening
Funding is heavily skewed — one side is aggressively overpaying, the crowd is piled onto one side.
Why: Shorts overheated
- Status
- Waiting
- Stage
- Maturing
Facts
- Price above VWAP·5d (+4%)
- RSI 56
- OI falling (−2% over 4h)
- Funding −0.341%
- Volume ×1.0 vs the 20-candle average
- Mid-range
What each number means
Funding rateshorts overheated
Funding −0.341%: shorts are over-levered — risk of a short squeeze up when they buy back. The skew is accelerating — cascade risk is rising.
Open interestpositions exiting
OI is falling (−1.6% over 4h): positions are being closed — interest is leaving. OI is accelerating.
RSIin range
RSI 56: neither overbought nor oversold — momentum is balanced.
EMA stackuptrend
Price is above EMA200 and the averages are stacked bullish (20>50>200) — a steady uptrend.
MACDmomentum dead
MACD has flattened — momentum died out, no clear direction.
Volatility (ATR)volatility normal
Normal volatility (ATR 4.0%/h). Volatility is expanding — bigger moves, longer wicks.
Cumulative volume deltaflow flat
CVD is flat: neither buyer nor seller dominates the flow.
Recent moveno pump
No active pump — the coin is in its normal regime.
Volumevolume normal
Volume is normal (1.0× the 20-candle average).
Candlestick patternsbearish pattern
Pattern "bearishEngulfing" (15m) (80%): the figure favors sellers. Stronger if the next candle confirms it.
Volume profilein value area
Price is inside the value area — a fair range, buyers and sellers in balance.
Pivot levelsabove pivot
Price is above the daily pivot $0.0686 — an intraday buyer lean. Nearest resistance $0.08017 (+15.5%).
Support and resistancebetween levels
Nearest levels: support $0.05665 (−18.4%) (2 touches).
Levels and structure
- Range high / low
- $0.0730 · $0.0681
- Support
- $0.0566 · $0.0547 · $0.0530
Range and holding cost15 days
Where 2Z sits in its recent range, how much it moves on an average day, and what holding a position has cost in funding.
- Window high
- $0.07962026-09-26
- Window low
- $0.04472026-09-16
- Price within the window
- 78.5%
- Average daily range
- 9.17%
- Up days
- 11 / 15
- Down days
- 4 / 15
- Best day
- +22.56%
- Worst day
- -6.04%
- Average funding
- -0.15%
- Time funding was positive
- 54.5%
- Open interest over the window
- +165.02%
Funding and open interest history started on 24 August 2026, so this part of the window is still short — it deepens on its own.
| Date | Close | Change | Range | Funding rate | Open interest |
|---|---|---|---|---|---|
| $0.0721 | +22.56% | 38.93% | -0.31% | $24.48M | |
| $0.0588 | +5.20% | 11.41% | +0.005% | $8.57M | |
| $0.0559 | +8.75% | 22.64% | +0.006% | $8.74M | |
| $0.0514 | -4.57% | 8.76% | no data | no data | |
| $0.0539 | +3.50% | 5.44% | no data | no data | |
| $0.0521 | +4.85% | 7.69% | no data | no data | |
| $0.0496 | -2.30% | 5.77% | no data | no data | |
| $0.0508 | +2.73% | 4.29% | no data | no data | |
| $0.0495 | +4.61% | 5.52% | no data | no data | |
| $0.0473 | +1.72% | 2.95% | no data | no data | |
| $0.0465 | +1.66% | 4.07% | no data | no data | |
| $0.0457 | -6.04% | 8.44% | no data | no data | |
| $0.0487 | +4.71% | 6.65% | no data | no data | |
| $0.0465 | -0.94% | 3.5% | no data | no data |
What the terminal adds
Order flow (CVD and taker split), the full order book with a depth map, price magnets, AI scenarios and Guardian on the coins you are trading — inside Sonarcast.