$ZAMA 5-minute plunge of 7.22%; current price: 0.06201; 24h range: 0.06201 ~ 0.07788.
Technically, the previous high and the key moving-average levels are more worth watching than this latest price move.
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means short positions are crowded, so a short squeeze becomes a risk.
#ZAMA
Technically, the previous high and the key moving-average levels are more worth watching than this latest price move.
After the drop, if the funding rate turns negative and becomes increasingly extreme, it means short positions are crowded, so a short squeeze becomes a risk.
#ZAMA
