$PARTI squeeze setup, target $0.04. A close below $0.0339 and I'm wrong.
Spot PARTI is down 28.7% in 24h to $0.0350, but open interest fell 28.9% over the same window. Funding is -0.088% per 4h, so shorts pay longs, and the global long/short ratio is 0.54.
Leverage got flushed while positioning crowded short. I can't tell you why the drop happened. I can tell you who is paying for it now.
Which comes first, $0.04 or $0.0339?
Spot PARTI is down 28.7% in 24h to $0.0350, but open interest fell 28.9% over the same window. Funding is -0.088% per 4h, so shorts pay longs, and the global long/short ratio is 0.54.
Leverage got flushed while positioning crowded short. I can't tell you why the drop happened. I can tell you who is paying for it now.
Which comes first, $0.04 or $0.0339?
