RSR pumped 50% on Upbit.
Binance perp funding is -40% annualized.
That divergence is the whole trade right now.
The Korean listing bid is loud. The derivatives tape is quiet — and it’s leaning the other way. Negative funding means shorts are paying longs, which sounds bullish until you realize it’s often just the crowd hedging a spot bag they don’t trust.
$RSR is pinned under $0.00160. That’s the line. A 4H close above it flips market structure and opens the $0.00185 retest. Lose $0.00145 and the Upbit candle starts looking like a liquidity grab, not a trend.
I’m not chasing $RSR green candles into a negative funding backdrop with 3.38B stolen tokens still floating around from last week’s exchange hack. Small size, tight invalidation, let the level come to me.
A) Reclaim $0.00160
B) Retest $0.00135
C) Chop
Pick one 👇
DYOR. NFA.
$BTC
LIKE and subscribe for more updates daily
#RSR/USDT #Write2Earn! #JobsReportRaisesHikeOdds #BinanceSquare #JobsReportRaisesHikeOdds
Binance perp funding is -40% annualized.
That divergence is the whole trade right now.
The Korean listing bid is loud. The derivatives tape is quiet — and it’s leaning the other way. Negative funding means shorts are paying longs, which sounds bullish until you realize it’s often just the crowd hedging a spot bag they don’t trust.
$RSR is pinned under $0.00160. That’s the line. A 4H close above it flips market structure and opens the $0.00185 retest. Lose $0.00145 and the Upbit candle starts looking like a liquidity grab, not a trend.
I’m not chasing $RSR green candles into a negative funding backdrop with 3.38B stolen tokens still floating around from last week’s exchange hack. Small size, tight invalidation, let the level come to me.
A) Reclaim $0.00160
B) Retest $0.00135
C) Chop
Pick one 👇
DYOR. NFA.
$BTC
LIKE and subscribe for more updates daily
#RSR/USDT #Write2Earn! #JobsReportRaisesHikeOdds #BinanceSquare #JobsReportRaisesHikeOdds
