【$ZETA】Short, Volume-Price Divergence / Funding Rate Suppression / Distribution at High Levels


$ZETA 4-hour trading volume plummeted from 100M to 41M, yet price created a new high at 0.0602, a typical volume-price divergence. RSI 93.70 has entered overbought territory, while the funding rate of -0.535% indicates that short positions face extremely high holding costs, creating strong short-squeeze demand in the market. However, buying depth above 0.0589 is notably weak, and there's an 82K sell wall at 0.05893, exposing the capital's intention to distribute at high levels. In this environment, the profit-to-loss balance is beginning to tilt toward shorts.
🎯Direction: Short🛑Stop Loss: 0.0605⚡Entry: 0.0592 - 0.0598🚀Target: 0.0536🛡Strategy: If price fails to hold above 0.0595, enter in tranches. Pursue breakeven stop, risk-free trading.

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Bob'sAirForceWillNeverBevip
· 8h ago
You are probably misunderstanding what the new historical high actually means.
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