After a 23.3% pump, the funding rate is still negative:
$REZ shorts are stubbornly holding on
Unbelievable—$REZ pumped 23.3% in one day, yet the funding rate is still stuck at -0.00145902—shorts are paying longs. I’m bullish: buy the dip at 0.00372, and hold if high volume breaks 0.00405.
The volume is real—volume ratio 31.31; trading volume rose from 834533 USDT on September 9 to 28853861 USDT on September 12. OI is up +14.42% from the September 10 snapshot. It is day 6 of the daily MACD golden cross, with multiple timeframes bullish.
But the broader market is not providing support—it