$LIT #LIT #Contract Trading
Long Alert | LIT Funding Rate Change
Current funding rate -0.0189% (Shorts pay longs)
Previous period funding rate -0.0031% (Shorts pay longs)
Funding rate change -0.0159%
Short funding continues to deepen; shorts are building positions
The market maker may be hunting shorts
Current price 5.0937
Trigger price 5.5666
Invalidation price 4.9172
Observation levels 5.3993 / 5.7049
Market clues: current funding rate -0.0189% (shorts pay longs) / previous period funding rate -0.0031% (shorts pay longs) / funding rate change -0.0159% / short funding continues to deepen; shorts are building positions / the market maker may be hunting shorts
Ongoing changes in the funding rate indicate positions are tilting to one side. You can set up early to chase longs; the invalidation price is the stop-loss level.
Long Alert | LIT Funding Rate Change
Current funding rate -0.0189% (Shorts pay longs)
Previous period funding rate -0.0031% (Shorts pay longs)
Funding rate change -0.0159%
Short funding continues to deepen; shorts are building positions
The market maker may be hunting shorts
Current price 5.0937
Trigger price 5.5666
Invalidation price 4.9172
Observation levels 5.3993 / 5.7049
Market clues: current funding rate -0.0189% (shorts pay longs) / previous period funding rate -0.0031% (shorts pay longs) / funding rate change -0.0159% / short funding continues to deepen; shorts are building positions / the market maker may be hunting shorts
Ongoing changes in the funding rate indicate positions are tilting to one side. You can set up early to chase longs; the invalidation price is the stop-loss level.