Ape long into REN rtfn

I have an ongoing research project into short squeezes on microcap altcoins.

It’s a long way from production, but starting to bear fruit.

And there’s a short squeeze kicking off in REN right now, and I thought you might like some free money.

First point of call is noticing that open interest (the amount of leverage) is spiking.

(this image is from the excellent Nik, well worth a follow)

Traders are therefore getting positioned in SIZE.

We see an obvious short squeeze in the process of playing out

And funding rate has just flipped negative, which is telling us its time to ape long.

Yes, I’m aware that this is white-man-magic.

You’re welcome

Scott

p.s. got filled, lets see