I am watching $ZEC Perp at 365.03. The funding rate is extremely negative. That means short sellers are paying a lot to keep their positions. That pressure will force them to buy back soon. The data shows 312 whales in profit with an average entry of 373. They are up 1.6 million. Another 297 whales are in loss with an average entry of 396. They are down 3.6 million. Both groups will push price up. The losing ones want to break even. The winning ones want more profit. I am entering at 365. My stop loss is at 355. That is 10 dollars risk. My first take profit is 375. My second take profit is 385. The second target gives me 20 dollars reward. Exactly double. The shorts are trapped. I am going with the whales.

ZECUSDT

Perp

357.8

+15.69%