🐋 For those tracking fund flows, $INJ this 4-hour MACD death cross (above the zero line) is worth checking against two things:
· Open interest: If it rises after the death cross, someone may be opening new short positions; if it falls, the decline is more likely due to longs closing their positions.
· Funding rate: A sharp drop suggests short positions are getting crowded, so watch out for a reversal.
Do you recognize this signal?
#INJ
· Open interest: If it rises after the death cross, someone may be opening new short positions; if it falls, the decline is more likely due to longs closing their positions.
· Funding rate: A sharp drop suggests short positions are getting crowded, so watch out for a reversal.
Do you recognize this signal?
#INJ