$SLX funding rate as high as -2.0000% (4 hours / countdown). A very negative funding rate means there is a large amount of short positioning (those betting on declines) piled up in the market. Every 4 hours, they need to pay longs fees of up to 2%.
This situation very often triggers a “short squeeze” rally: once the main capital pushes the price upward, shorts are forced to get liquidated or to buy back at a stop-loss, which can instantly drive a spike “needle-like” surge in price.
Go long and follow a round of a dog-whale’s pump! Set your stop-loss between 0.49 - 0.51. As long as this range is not broken, you can bet on a super rebound caused by the negative funding rate. 🚀🚀🚀
This situation very often triggers a “short squeeze” rally: once the main capital pushes the price upward, shorts are forced to get liquidated or to buy back at a stop-loss, which can instantly drive a spike “needle-like” surge in price.
Go long and follow a round of a dog-whale’s pump! Set your stop-loss between 0.49 - 0.51. As long as this range is not broken, you can bet on a super rebound caused by the negative funding rate. 🚀🚀🚀