Funding just flipped negative on $RPL , but the tape shows sellers getting absorbed.
$RPL - LONG
Trade Plan:
Entry: 2.02253 – 2.04347
SL: 1.97017
TP1: 2.09583
TP2: 2.11678
TP3: 2.15866
Why this setup?
Bids are defending the 2.02253 zone, absorbing every offer. The 1D range is compressing, and with ATR low, a break from this pocket is imminent. Negative funding suggests shorts are comfortable, often a contrarian signal for a squeeze. First target on a clean push is 2.09583, but a loss of 1.97017 invalidates the structure.
Debate:
Do we squeeze from here, or does it need to sweep 1.97017 first?
Trade here 👇
