$ONG #ONG #Futures Trading
Long Alert | ONG Funding Rate Change
Current funding rate -0.1378% (shorts pay, longs receive)
Previous funding rate -0.1229% (shorts pay, longs receive)
Funding rate change -0.0149%
The short-side funding rate continues to worsen, shorts are building positions
The market maker may be hunting shorts
Current price 0.07245
Trigger level 0.09240
Invalidation level 0.06593
Observation levels 0.07680 / 0.08114
Market clues: Current funding rate -0.1378% (shorts pay, longs receive) / Previous funding rate -0.1229% (shorts pay, longs receive) / Funding rate change -0.0149% / The short-side funding rate continues to worsen, shorts are building positions / The market maker may be hunting shorts
The continued change in the funding rate indicates positions are tilting to one side. You may set up early to chase longs; the invalidation level is the stop-loss point.
Long Alert | ONG Funding Rate Change
Current funding rate -0.1378% (shorts pay, longs receive)
Previous funding rate -0.1229% (shorts pay, longs receive)
Funding rate change -0.0149%
The short-side funding rate continues to worsen, shorts are building positions
The market maker may be hunting shorts
Current price 0.07245
Trigger level 0.09240
Invalidation level 0.06593
Observation levels 0.07680 / 0.08114
Market clues: Current funding rate -0.1378% (shorts pay, longs receive) / Previous funding rate -0.1229% (shorts pay, longs receive) / Funding rate change -0.0149% / The short-side funding rate continues to worsen, shorts are building positions / The market maker may be hunting shorts
The continued change in the funding rate indicates positions are tilting to one side. You may set up early to chase longs; the invalidation level is the stop-loss point.