⚡ 3 free indicators on Binance warn you before the price explosion!
If you want to know whether the rise is real or just a trap (Bull Trap), watch these data:
1️⃣ Price increase + increase in Open Interest: strong upward movement and real inflow of new liquidity.
2️⃣ Price increase + decrease in Open Interest: closing of short positions (Short Covering), and it is often followed by a correction.
3️⃣ Funding Rate: if it is excessively positive, it means the market is saturated with buying and we may see a sudden corrective drop.
💬 Which indicator is most important to you when opening a new trade? Share your experiences! 👇
$BTC $ETH TH $BNB
B $USDC C
If you want to know whether the rise is real or just a trap (Bull Trap), watch these data:
1️⃣ Price increase + increase in Open Interest: strong upward movement and real inflow of new liquidity.
2️⃣ Price increase + decrease in Open Interest: closing of short positions (Short Covering), and it is often followed by a correction.
3️⃣ Funding Rate: if it is excessively positive, it means the market is saturated with buying and we may see a sudden corrective drop.
💬 Which indicator is most important to you when opening a new trade? Share your experiences! 👇
$BTC $ETH TH $BNB
B $USDC C
