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$CXMT SURGES 14.5% TOWARD ALL‑TIME HIGH! 🚀
Entry: 9.0063 ⚡
Target: 9.1654 🚀
📊 The contract has reclaimed 14.5% from its September‑2 trough, now just 1.7% shy of the $9.1654 peak. 🔍 Funding turned sharply negative at –0.0269% per hour, forcing the dominant short bloc (≈ $25 M) to bleed hefty fees – roughly $164k daily if the rate holds. 🦈 This pressure is eroding short liquidity, priming a potential upside thrust as longs absorb the fee‑driven capitulation. 💡 With the short side already deep in the red, the order block around $9.00 is acting as a fresh demand zone.
💬 How are you positioning as the funding squeeze intensifies? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#CXMT #LongSetup #FundingPressure #Crypto 🔥 💎