GAS is currently in bullish trend and expecting it will continue it's bullish trend while there will be some retests.
As of the structure if GAS comes down to ( 3.34 - 3.52 ) range , there will be a good opportunity for long and expected target is ( 4.70 ) but if price didn't retests the zone I mentioned and break it to the upside, there will be change in the structure ( I will update accordingly ).
NOTE: Always do your own research before Investing.
Do you know what is funding fees and how you can take benefits from it ?
=> Funding fees are periodic payments exchanged between long and short traders in perpetual futures to keep contract prices aligned with spot prices. If the funding rate is positive, longs pay shorts; if negative, shorts pay longs.
How Funding fees distributed ? Funding fees is credited to the open positions automatically according to the funding rate when the count is over.
= The formula is: Funding Fee = Position Size × Funding Rate Example: If your position size is $100 and the funding rate is 2%, you’ll either pay or receive $1
You can earn from funding fees if you know how to earn from it 😉