$SNXX #SNXX #Contract Trading
Long Alert | SNXX Funding Rate Change
Current funding rate -0.1012% (shorts pay longs)
Previous funding rate +0.0000% (longs and shorts flat)
Funding rate change -0.1012%
Short funding is continuing to worsen; shorts are building positions
Market makers may hunt down the shorts
Current price 18.1600
Trigger price 20.4500
Invalidation level 17.7021
Observation levels 19.2496 / 20.3392
Market cues: current funding rate -0.1012% (shorts pay longs) / previous funding rate +0.0000% (longs and shorts flat) / funding rate change -0.1012% / short funding is continuing to worsen as shorts build positions / market makers may hunt down the shorts
The ongoing change in the funding rate indicates positions are leaning to one side. You can set up in advance to chase longs; the invalidation level is the stop-loss.
Long Alert | SNXX Funding Rate Change
Current funding rate -0.1012% (shorts pay longs)
Previous funding rate +0.0000% (longs and shorts flat)
Funding rate change -0.1012%
Short funding is continuing to worsen; shorts are building positions
Market makers may hunt down the shorts
Current price 18.1600
Trigger price 20.4500
Invalidation level 17.7021
Observation levels 19.2496 / 20.3392
Market cues: current funding rate -0.1012% (shorts pay longs) / previous funding rate +0.0000% (longs and shorts flat) / funding rate change -0.1012% / short funding is continuing to worsen as shorts build positions / market makers may hunt down the shorts
The ongoing change in the funding rate indicates positions are leaning to one side. You can set up in advance to chase longs; the invalidation level is the stop-loss.