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CryptoStar

07/12 10:56

INJ : Have traders finally turned bullish after a

INJ : Have traders finally turned bullish after a long consolidation?

At the time of writing, Funding Rates for INJ remained positive at 0.01% on the OI-Weighted chart. This suggests that more traders are now willing to pay to maintain long positions, reflecting stronger bullish conviction. 

The flip into positive territory typically occurs when sentiment shifts, often trailing price breakouts or significant technical changes. 

Therefore, this development confirms that the broader market is beginning to align with the ongoing rally.

If funding remains positive and increases gradually, it could reinforce the price move and reduce the likelihood of an abrupt reversal.

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