If you are currently opening a short at $RSR , then you will be liquidated soon!! 👇
The reason for the coin’s rise is the liquidation of large short contracts
Now the same scenario is forming for the coin, but in a different way than before
Funding is strongly negative, around -1.5960, which means short traders are stubborn with their positions and not closing them, thinking the price will fall after the rise
Open interest is rising strongly with every rebound in the coin’s price; this means short contracts are greatly increasing their positions
Pressure on short contracts is growing, and this movement will soon create a short squeeze on the price
Further upside is expected to liquidate short contracts at 0.0026/0.0027/0.0028
The stubbornness of short contracts and their holding of positions will create an upward wave like a previous wave
We may see a drop to 0.0023 to hit stop-loss مناطق for long holders, so be careful of this move
The reason for the coin’s rise is the liquidation of large short contracts
Now the same scenario is forming for the coin, but in a different way than before
Funding is strongly negative, around -1.5960, which means short traders are stubborn with their positions and not closing them, thinking the price will fall after the rise
Open interest is rising strongly with every rebound in the coin’s price; this means short contracts are greatly increasing their positions
Pressure on short contracts is growing, and this movement will soon create a short squeeze on the price
Further upside is expected to liquidate short contracts at 0.0026/0.0027/0.0028
The stubbornness of short contracts and their holding of positions will create an upward wave like a previous wave
We may see a drop to 0.0023 to hit stop-loss مناطق for long holders, so be careful of this move