🚨 $ONG FUNDING JUST TURNED NEGATIVE 👀
I saw the negative funding rate on $ONG and got excited.
So I opened a long position immediately. 🟢
Negative funding can sometimes signal that shorts are dominating and a short squeeze could be possible.
But here’s the catch 👇
⚠️ Negative funding alone is NOT a buy signal.Price action, volume, open interest, and market structure still matter.
I’m watching ONG closely now.
Will the shorts get squeezed, or did I just FOMO into the trade? 👀
👇 What would you do here: LONG 🐂 or WAIT ⏳?
$ONG $BTC $ETH $BNB
#Ong #crypto #BinanceSquare #cryptotrading #altcoins