$SNDK #SNDK #Contract Trading

Short Alert | SNDK Funding Rate Change

Current Funding Rate +0.0223% (longs pay shorts)
Previous Funding Rate +0.0000% (longs and shorts even)
Funding Rate Change +0.0223%
Long funding continues to rise; longs are building positions
The market maker may hunt longs
Current Price 1513.00
Trigger Price 1419.66
Invalidation Price 1551.99
Observation Levels 1422.22 / 1331.44
Market Clues: Current funding rate +0.0223% (longs pay shorts) / Previous funding rate +0.0000% (longs and shorts even) / Funding rate change +0.0223% / Long funding continues to rise; longs are building positions / The market maker may hunt longs

Ongoing changes in the funding rate indicate that positions are leaning to one side. You can set up in advance to chase shorts; the invalidation price is the stop-loss level.