$SOXL #Contract Trading

Short Alert | SOXL Funding Rate Change

Current funding rate +0.0932% (longs pay, shorts receive)
Previous funding rate +0.0000% (longs and shorts even)
Funding rate change +0.0932%
Longs’ funding fee continues to rise—longs are building positions
The market maker may hunt for long positions
Current price 166.61
Trigger price 163.04
Invalidation price 168.65
Observation levels 156.61 / 146.62
Market clues: current funding rate +0.0932% (longs pay, shorts receive) / previous funding rate +0.0000% (longs and shorts even) / funding rate change +0.0932% / longs’ funding fee continues to rise—longs are building positions / the market maker may hunt for long positions

A sustained change in the funding rate indicates positions are tilting to one side. You can set up in advance to follow the short. The invalidation level is the stop-loss level.