REEF Update — Flipping Funding Rate + Reversal!
🟢 Reef's funding rate flipped bullish, indicating a strong sentiment.
🟢 Volume has been decreasing since the latest top.
🔴 RSI on the daily is still slightly overbought.
🟢 The upward trend is still valid, and the price is forming a bottom on the 4H chart.
My approach:
I am excited about the funding rate flip. Gonna jump in if the reversal is confirmed.