$SNXX #SNXX #Contract Trading

Short Alert | SNXX Funding Rate Change

Current funding rate +0.0086% (longs pay shorts)
Previous funding rate +0.1369% (longs pay shorts)
Funding rate change -0.1283%
The funding rate has pulled back from its high point, and shorts begin taking control of positions
Longs may get squeezed
Current price 17.3800
Trigger price 16.5200
Invalidation price 18.6598
Observation levels 16.5110 / 15.6420
Market clues: Current funding rate +0.0086% (longs pay shorts) / Previous funding rate +0.1369% (longs pay shorts) / Funding rate change -0.1283% / Funding rate has pulled back from a high, and shorts start taking control / Longs may get squeezed

A continued change in the funding rate indicates positions are leaning to one side; you can set up to chase shorts in advance. The invalidation level is the stop-loss.