REEF Update â Flipping Funding Rate + Reversal!
đą Reef's funding rate flipped bullish, indicating a strong sentiment.
đą Volume has been decreasing since the latest top.
đŽ RSI on the daily is still slightly overbought.
đą 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.