$SNDK #SNDK #Perpetual Contract Trading
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0103% (longs pay shorts)
Previous funding rate +0.0436% (longs pay shorts)
Funding rate change -0.0333%
The funding rate has fallen from a high level; shorts have started taking control of positions
Longs may get squeezed
Current price 1627.23
Trigger price 1584.20
Invalidation price 1636.27
Observation levels 1545.87 / 1464.51
Market clues: current funding rate +0.0103% (longs pay shorts) / previous funding rate +0.0436% (longs pay shorts) / funding rate change -0.0333% / the funding rate has dropped from a high level; shorts have started taking control of positions / longs may get squeezed
Ongoing changes in the funding rate indicate positions are leaning to one side. You can set up in advance to chase shorts; the invalidation price is the stop-loss level.
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0103% (longs pay shorts)
Previous funding rate +0.0436% (longs pay shorts)
Funding rate change -0.0333%
The funding rate has fallen from a high level; shorts have started taking control of positions
Longs may get squeezed
Current price 1627.23
Trigger price 1584.20
Invalidation price 1636.27
Observation levels 1545.87 / 1464.51
Market clues: current funding rate +0.0103% (longs pay shorts) / previous funding rate +0.0436% (longs pay shorts) / funding rate change -0.0333% / the funding rate has dropped from a high level; shorts have started taking control of positions / longs may get squeezed
Ongoing changes in the funding rate indicate positions are leaning to one side. You can set up in advance to chase shorts; the invalidation price is the stop-loss level.