Looking at $IOTX through the funding rate:
24h: +1.02%, funding rate: -0.167% (shorts pay).
A negative funding rate means shorts are dominant. Watch for a rebound driven by short covering.
If you were in this situation, would you act now or wait a little longer?
#IOTX
24h: +1.02%, funding rate: -0.167% (shorts pay).
A negative funding rate means shorts are dominant. Watch for a rebound driven by short covering.
If you were in this situation, would you act now or wait a little longer?
#IOTX