Looking at $SKL through funding rates:
24h +11.72%, funding rate -0.508% (shorts pay).
A negative funding rate indicates that shorts are dominant. Watch for a rebound triggered by short covering.
Which direction do you favor?
#SKL
24h +11.72%, funding rate -0.508% (shorts pay).
A negative funding rate indicates that shorts are dominant. Watch for a rebound triggered by short covering.
Which direction do you favor?
#SKL