signal warning ๐จ๐จ๐จ๐ฅ๐ฅ
Be cautious with this token, as so many retail traders are opening sell positions, evident from the very high funding rate.
Explanation: when the funding rate is very high (-), it is very prone to shortsqueeze (a rapid upward movement to take the liquidity of short traders), so we wait for confirmation from this token
#Analisatrader #analisateknikal
$DEGO
Be cautious with this token, as so many retail traders are opening sell positions, evident from the very high funding rate.
Explanation: when the funding rate is very high (-), it is very prone to shortsqueeze (a rapid upward movement to take the liquidity of short traders), so we wait for confirmation from this token
#Analisatrader #analisateknikal
$DEGO