#LPTUSDT bounced as expected and negative funding fee is still increasing, which means more traders are opening short position.
Now funding fee is -1.04%, which also means Long will get paid by short for holding their positions.
LIVESiddharth Giri
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Bullish
#LPTUSDT - The funding fee is -0.55%, which means so many traders are currently in a short position.
$LPT also broke and retested the trend line in the H12 chart and the previous H12 candle close was also engulfing.
However, Bearish RSI Divergence is also visible in the H4 chart, which can't be ignored.
But Very high negative funding + broken trend line is a bullish sign.
I think $LPT can short-squeeze (Go Higher).
$LPT also broke and retested the trend line in the H12 chart and the previous H12 candle close was also engulfing.
However, Bearish RSI Divergence is also visible in the H4 chart, which can't be ignored.
But Very high negative funding + broken trend line is a bullish sign.
I think $LPT can short-squeeze (Go Higher).
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