There is a serious resistance zone in front of SUPER: the $32 level. If it breaks through this point, more room may open up above. But caution is needed - at such critical zones, there can either be a breakout or a sharp reversal.
The current funding rate is at -2, meaning the short side is paying. There is a funding cut-off at 14:00. My expectation is that it will test this $32 resistance until that time. Let's see how it will react.
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NestedFox
· 11-30 05:32
If this hurdle of $32 is truly broken, there is still some room for imagination afterwards. However, with the funding rate being negative, it's quite normal to have a short-term rebound.
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GhostInTheChain
· 11-28 15:53
$32 this hurdle... feels like another "breakout drama" is about to unfold, either it will surge up or get smashed back down, hard to say.
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MetaverseLandlord
· 11-27 15:50
Whether this level breaks or not really depends on that funding play people for suckers, I feel like the shorts are going to get squeezed to death.
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CantAffordPancake
· 11-27 15:46
Can this level be突破 with $32? It feels like the shorts are going to be trapped.
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BearMarketMonk
· 11-27 15:43
32 This point is indeed very tight, but with such negative funding, I still have some doubts about whether it can really break.
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RamenDeFiSurvivor
· 11-27 15:40
This checkpoint is indeed fierce. Can we take a gamble and break through?
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EthSandwichHero
· 11-27 15:31
$32 this hurdle feels like it will get dumped, with the funding ratio so negative hardcore bears should have run away long ago.
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fren_with_benefits
· 11-27 15:30
If this hurdle of $32 cannot be broken, it feels like a Rebound is coming, with such a negative funding ratio it will eventually backfire.
There is a serious resistance zone in front of SUPER: the $32 level. If it breaks through this point, more room may open up above. But caution is needed - at such critical zones, there can either be a breakout or a sharp reversal.
The current funding rate is at -2, meaning the short side is paying. There is a funding cut-off at 14:00. My expectation is that it will test this $32 resistance until that time. Let's see how it will react.
YTD.