From a funding rate perspective, $IDOL :
24h +74.09%, funding rate 0.0649% (longs pay).
A sharp rise combined with a high funding rate suggests a sentiment-driven rally, and this kind of market action usually sees more severe pullbacks.
What do you think?
#IDOL
24h +74.09%, funding rate 0.0649% (longs pay).
A sharp rise combined with a high funding rate suggests a sentiment-driven rally, and this kind of market action usually sees more severe pullbacks.
What do you think?
#IDOL
