LSK funding fees implement every one hour that’s a massive change… so many people continuously opening short position that’s why exchange pressuring short traders to close their short position
$LSK can pump again because of funding rate… stay safe don’t short….
Technical analysis doesn’t work in this situation…
$LSK trying to break down trend resistance in a shorter time frame so that I am expecting massive volatility…. I think market will shoot to the upside more than 40% movement in spot market….