If you're in a short on $BANK , you'll be liquidated soon.
The coin surged after demand for it increased recently.
It has now pulled back slightly from its latest high of 0.02875.
Funding rates are now very negative, which means short sellers are paying longs.
๐ข I expect an upward move targeting: 0.0275/0.028/0.029
This would put pressure on the new short positions heavily concentrated around these levels.
The price may drop to a demand zone before rising, so be cautious of this move.
The coin surged after demand for it increased recently.
It has now pulled back slightly from its latest high of 0.02875.
Funding rates are now very negative, which means short sellers are paying longs.
๐ข I expect an upward move targeting: 0.0275/0.028/0.029
This would put pressure on the new short positions heavily concentrated around these levels.
The price may drop to a demand zone before rising, so be cautious of this move.
