$SPCX #SPCX #Futures Contract Trading
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0227% (longs pay shorts)
Previous funding rate +0.0105% (longs pay shorts)
Funding rate change +0.0122%
Longs’ funding continues to increase, longs are building positions
The market maker may be hunting longs
Current price 149.01
Trigger price 148.04
Invalidation price 150.16
Watch levels 140.07 / 131.13
Market cues: current funding rate +0.0227% (longs pay shorts) / previous funding rate +0.0105% (longs pay shorts) / funding rate change +0.0122% / longs’ funding continues to increase, longs are building positions / the market maker may be hunting longs
Sustained changes in the funding rate indicate the positioning is tilting to one side. You can set up and go short early; the invalidation level is your stop-loss.
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0227% (longs pay shorts)
Previous funding rate +0.0105% (longs pay shorts)
Funding rate change +0.0122%
Longs’ funding continues to increase, longs are building positions
The market maker may be hunting longs
Current price 149.01
Trigger price 148.04
Invalidation price 150.16
Watch levels 140.07 / 131.13
Market cues: current funding rate +0.0227% (longs pay shorts) / previous funding rate +0.0105% (longs pay shorts) / funding rate change +0.0122% / longs’ funding continues to increase, longs are building positions / the market maker may be hunting longs
Sustained changes in the funding rate indicate the positioning is tilting to one side. You can set up and go short early; the invalidation level is your stop-loss.