$MOVR is seeing heightened trading activity; let subsequent price action confirm.
Current price: 1.985; 15m price change: -3.17%; funding rate: -0.0483%.
The funding rate is currently negative, so short positions in the perpetual contract are paying. Next, watch whether trading activity can drive the price to continue its move.
In the next round, check volume first, then see whether the spread has widened.
Current price: 1.985; 15m price change: -3.17%; funding rate: -0.0483%.
The funding rate is currently negative, so short positions in the perpetual contract are paying. Next, watch whether trading activity can drive the price to continue its move.
In the next round, check volume first, then see whether the spread has widened.
