$HEI stuck in a range since the old high, but funding just broke.stuck in a range since the old high, but funding just broke.
It ran from 0.08 to 0.54 before. Been flat in the 0.12-0.18 range for a while since. Three things stand out on the board right now.
Funding snapped suddenly
After sitting flat for hours, it swung sharply from -0.05 to -0.27. That's not just price moving, it's positioning itself shifting. The crowd flipped short and is now paying for it.
There's a split
L/S at 0.82, the crowd is short. Top trader positions at 1.47, big accounts sit the opposite way. The gap is clear.
The structure needs attention though
OI at 44.9% of mcap, high. On a $10.66M token there's $4.78M in open positions, so even a small move can get amplified.
Levels
0.20 is psychological resistance. There's a liquidation cluster at 0.29, if a move toward it starts, it could feed on itself.
How I read it
The crowd is short and paying, big accounts sit opposite, and the funding regime just broke. All three point the same way.
What I'm watching
Whether it holds above 0.20. If it breaks, the cluster at 0.29 comes into play.
Whether funding stays at this level, whether the crowd keeps paying to hold.
It ran from 0.08 to 0.54 before. Been flat in the 0.12-0.18 range for a while since. Three things stand out on the board right now.
Funding snapped suddenly
After sitting flat for hours, it swung sharply from -0.05 to -0.27. That's not just price moving, it's positioning itself shifting. The crowd flipped short and is now paying for it.
There's a split
L/S at 0.82, the crowd is short. Top trader positions at 1.47, big accounts sit the opposite way. The gap is clear.
The structure needs attention though
OI at 44.9% of mcap, high. On a $10.66M token there's $4.78M in open positions, so even a small move can get amplified.
Levels
0.20 is psychological resistance. There's a liquidation cluster at 0.29, if a move toward it starts, it could feed on itself.
How I read it
The crowd is short and paying, big accounts sit opposite, and the funding regime just broke. All three point the same way.
What I'm watching
Whether it holds above 0.20. If it breaks, the cluster at 0.29 comes into play.
Whether funding stays at this level, whether the crowd keeps paying to hold.