$MOVR This move is a bit interesting—on the 15m chart it surged 2.47%, with volume directly hitting more than 3x. The active buy/sell ratio is 2.14, and the buy side looks clearly heavier. Price has tapped near the top of the 20 5m range, and OI has risen along with it. Although the 1h hasn’t really moved, the 15m looks quite strongly like new leveraged long activity.
The funding rate has already been in the high percentile recently. If you chase longs, don’t load the position too heavily—first see whether it can hold this upper level.
The funding rate has already been in the high percentile recently. If you chase longs, don’t load the position too heavily—first see whether it can hold this upper level.