$SNXX #SNXX #Contract Trading
Short Alert | SNXX Funding Fee Change
Current funding fee +0.0906% (long pays, short receives)
Previous funding fee +0.0623% (long pays, short receives)
Funding fee change +0.0282%
Long funding fee continues to rise; longs are building positions
The market maker may hunt the longs
Current price 14.0200
Trigger price 12.8800
Invalidation price 14.2588
Observation levels 13.1788 / 12.3376
Order book clues: Current funding fee +0.0906% (long pays, short receives) / Previous funding fee +0.0623% (long pays, short receives) / Funding fee change +0.0282% / Long funding fee continues to rise; longs are building positions / The market maker may hunt the longs
A continued change in the funding fee indicates positions are leaning to one side. You can set up an advance position to follow the shorts; the invalidation level is the stop-loss.
Short Alert | SNXX Funding Fee Change
Current funding fee +0.0906% (long pays, short receives)
Previous funding fee +0.0623% (long pays, short receives)
Funding fee change +0.0282%
Long funding fee continues to rise; longs are building positions
The market maker may hunt the longs
Current price 14.0200
Trigger price 12.8800
Invalidation price 14.2588
Observation levels 13.1788 / 12.3376
Order book clues: Current funding fee +0.0906% (long pays, short receives) / Previous funding fee +0.0623% (long pays, short receives) / Funding fee change +0.0282% / Long funding fee continues to rise; longs are building positions / The market maker may hunt the longs
A continued change in the funding fee indicates positions are leaning to one side. You can set up an advance position to follow the shorts; the invalidation level is the stop-loss.