$RARE RAREUSDT - Funding Crashes Deep into Negative Territory, Shorts Pile Up #RAREBULLISH
Current price: $RARE 0.01543, up 78.59%.
Top Chart #RARE/USDT - Funding Rate: Flat for a long time around minus 0.14%, staying steady. Then suddenly plunged vertically to minus 1.18159%. A very deep drop, straight down.
This means Shorts are now paying a very high price to Longs. Shorts have piled up badly, daring to Short at the top after a vertical pump. This is an extreme condition, not normal.
If the price doesn't drop quickly, these Shorts could get trapped and be forced to buy back. That's what makes an upward Short Squeeze a real risk.
Level $RARE
Short Squeeze risk: Very high, funding is already at minus 1.18%
Funding support: Minus 0.14%. If it returns there, Shorts will have started to flee
Don't jump into a Short here just because the price has already risen a lot. Funding this negative means Shorts are overcrowded. Wait for funding to move back above minus 0.14% before considering a Short. If the price breaks higher again, don't force a Short.
Current price: $RARE 0.01543, up 78.59%.
Top Chart #RARE/USDT - Funding Rate: Flat for a long time around minus 0.14%, staying steady. Then suddenly plunged vertically to minus 1.18159%. A very deep drop, straight down.
This means Shorts are now paying a very high price to Longs. Shorts have piled up badly, daring to Short at the top after a vertical pump. This is an extreme condition, not normal.
If the price doesn't drop quickly, these Shorts could get trapped and be forced to buy back. That's what makes an upward Short Squeeze a real risk.
Level $RARE
Short Squeeze risk: Very high, funding is already at minus 1.18%
Funding support: Minus 0.14%. If it returns there, Shorts will have started to flee
Don't jump into a Short here just because the price has already risen a lot. Funding this negative means Shorts are overcrowded. Wait for funding to move back above minus 0.14% before considering a Short. If the price breaks higher again, don't force a Short.
