Binance Launches Natural Gas Perpetual Contracts
- Innovative Trading Method: Binance Futures' launch of natural gas perpetual contracts ($NATGASUSDT) allows users to access global energy markets through on-chain trading, breaking down the complexities and high barriers of traditional commodity trading.
- Flexible Settlement Mechanism: The contract settles in $USDT, enabling traders to engage in transactions without physical delivery, thus lowering capital requirements and enhancing market participation.
- High Leverage Trading Opportunities: The new contract offers up to 100x leverage, allowing traders to control larger positions with significantly less capital, while funding rates are exchanged every four hours to ensure alignment with the underlying market.
- 24/7 Market Access: Binance's natural gas contracts provide round-the-clock market access, enabling traders to respond swiftly to global geopolitical events, thereby enhancing trading flexibility and responsiveness.
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Technical Analysis for GAS
Technical Sentiment Analysis for Gas (GAS). As of , Gas (GAS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for GAS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, GAS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Gas (GAS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.51 | 1.56 | 1.614 | 1.664 | 1.718 | 1.768 | 1.822 |
| Fibonacci | 1.56 | 1.6 | 1.624 | 1.664 | 1.704 | 1.728 | 1.768 |
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