$LSK up, target $0.245. Below $0.204 I'm wrong.
Everyone calls this buyers. Check who is paying. Spot ran 0.1984 to 0.2214 since the 08:00 CST open, +11.6%, on 0.72M and 0.72M hourly volume against a 0.15M baseline. The perp printed 208M and 302M in those same hours.
Perp funding settled at -0.274% per 4h and prints -0.815% right now. Negative funding means shorts pay longs to hold that position.
A close below $0.204 and I'm wrong.
Which comes first, $0.245 or $0.204?
Everyone calls this buyers. Check who is paying. Spot ran 0.1984 to 0.2214 since the 08:00 CST open, +11.6%, on 0.72M and 0.72M hourly volume against a 0.15M baseline. The perp printed 208M and 302M in those same hours.
Perp funding settled at -0.274% per 4h and prints -0.815% right now. Negative funding means shorts pay longs to hold that position.
A close below $0.204 and I'm wrong.
Which comes first, $0.245 or $0.204?
