Old dog swept across $GPRO : it rose 4.63% over 24 hours, with the price reaching 1.785. The funding rate has stayed at zero. As an M4_mover, in this spurt the OI is at 257,000 contracts, but the neutral funding rate suggests neither side is liquidating the other—so the rally may be driven by positioning. I think if the price drops below 1.78, you should cut exposure; if it holds above 1.80, you can lightly follow. Conversely, if the funding rate turns positive or OI quickly shrinks, this rally is likely to fail.

Trading tags: #BinanceFutures #TradFi #USDⓈM #GPRO #GPROUSDT $GPRO