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$RAVE Rate -0.0856% The short position is still paying protection fees, and the previous candle directly exploded from 15.48 to 17.41, nearly a 13% increase, with a trading volume of 5.4M exploding 💸
Look, the volume after the last candle closed was directly cut in half to 349.6K, a 93% decrease, a typical move by market makers pushing up the price with increased volume to find the last wave of buyers. The key point is that the rate is negative, so longs don't need to pay shorts anymore, but the volume can't hold up anymore.
The little sister placed a short around 16.7, with a stop loss at 17.2 📉