It looks like you’re viewing the iShares MSCI Japan $ETF perpetual pair $EWJ USDT on Binance, and trading hasn’t started yet. The screen shows a countdown (about 45 hours) before the market opens. ⏳
Here’s what this means:
• EWJ represents the iShares MSCI Japan ETF, which tracks major Japanese companies listed in the MSCI Japan Index. 🇯🇵
• Binance is launching a perpetual futures pair (EWJUSDT), allowing traders to speculate on the ETF’s price using USDT.
• Because the market is not live yet, all prices show 0.00, and trading volume is also 0.
• Once the countdown ends, price discovery begins and volatility is usually very high in the first hours. 📈📉
Early trading strategy (commonly used by futures traders): • Wait for the first 15–30 minutes to let volatility settle.
• Identify initial support and resistance after the first candles.
• Avoid high leverage because new listings often have liquidity spikes and fake breakouts.
If you want, I can also help you: • Create a Binance Square post about EWJUSDT listing
• Build a trade setup strategy for the launch
• Explain why Binance is listing stock-based ETFs in futures. 🚀