$MOVR Short already working for the longs, what are you still waiting for?

Funding rate -0.9487%, this is not a small negative, it's an extremely negative value. Shorts have to pay money to longs every few hours, and holding on for a day can wipe out several points of principal, tell me how long these shorts can last.
Open interest surged by 225%, smart money is building positions, it's not retail chasing the rally, someone is quietly stacking positions.
The price has already moved 79.4%, but the open interest number indicates the trend is not over yet, positions are still increasing.
Long-short ratio 53.8%, shorts are in the lead, retail traders are still shorting, still lifting the market maker. This kind of structure, I don't believe the market maker won't squeeze the shorts.
Go long, stop loss at 2.301, avoid integer levels.
Target one 3.68, when reached ask yourself whether to hold or not.
If you can hold, keep running, target two 4.60.
The logic is simple: shorts are losing money, smart money is building positions, retail traders are still shorting.
Time favors the longs. Welcome to the opposing side.