Nexus [NEX] has climbed to the higher side of the market, delivering a rally of roughly 18% over the past day. ADThe Moving Average Convergence Divergence (MACD) has trended upward for the asset over the past days. Spot and perpetual markets support NEXThe Funding Rate has reinforced the bulls’ actions in the market, particularly as it rose significantly. During the past day’s surge, the Funding Rate climbed to a high of 0.0175%, implying more long than short positions in the market. This matters because it aligns closely with Spot market action, where traders have driven more net buying over the past days.