$LSK up, target $0.265. Below $0.22 I'm wrong.
Price is $0.2382, up 36.6% in 24h on $107.0M of perp volume. Six straight funding settlements printed negative, and the pending rate is -0.273% per 4h. Shorts pay to hold. The mark at $0.23771 trades below the $0.24093 index, and open interest jumped from $6.52M to $8.12M in the last hour as the perp got rebuilt.
Squeeze fuel stays funded while shorts keep paying. Which comes first, $0.265 or $0.22?
Price is $0.2382, up 36.6% in 24h on $107.0M of perp volume. Six straight funding settlements printed negative, and the pending rate is -0.273% per 4h. Shorts pay to hold. The mark at $0.23771 trades below the $0.24093 index, and open interest jumped from $6.52M to $8.12M in the last hour as the perp got rebuilt.
Squeeze fuel stays funded while shorts keep paying. Which comes first, $0.265 or $0.22?
