Today, $RKLB pushed up over 3 points to 145.77, with a volume of 1.05 million, not exactly mooning but definitely worth watching. This surge is largely due to Trump hyping up the Space Force again, and the market is funneling cash into defense stocks, with RKLB as the prime target.
Funding is currently at 0, meaning both longs and shorts aren't paying any fees, which keeps the cost basis thin on both sides—no one's really getting grilled here. This setup is very similar to that November rally when funding stayed stagnant but prices slowly crept up, eventually forcing shorts to cover after a sudden spike.
Trading Tags: #BinanceFutures #TradFi #USDⓈM #RKLB #RKLBUSDT $RKLB
Funding is currently at 0, meaning both longs and shorts aren't paying any fees, which keeps the cost basis thin on both sides—no one's really getting grilled here. This setup is very similar to that November rally when funding stayed stagnant but prices slowly crept up, eventually forcing shorts to cover after a sudden spike.
Trading Tags: #BinanceFutures #TradFi #USDⓈM #RKLB #RKLBUSDT $RKLB