$SOXS #SOXS #Contract Trading
Short Alert | SOXS Funding Rate Change
Current funding rate +0.0133% (longs pay shorts)
Previous funding rate +0.0299% (longs pay shorts)
Funding rate change -0.0166%
The funding rate has fallen from a high level; shorts begin taking control of the position.
Longs may get squeezed.
Current price 32.4400
Trigger level 31.9300
Invalidation level 33.9834
Observation levels 30.8180 / 29.1960
Market clues: Current funding rate +0.0133% (longs pay shorts) / Previous funding rate +0.0299% (longs pay shorts) / Funding rate change -0.0166% / Funding rate has pulled back from a high level; shorts start taking control of the position / Longs may get squeezed
Sustained changes in the funding rate indicate the position is leaning to one side. You can set up shorts in advance; the invalidation level is the stop-loss level.
Short Alert | SOXS Funding Rate Change
Current funding rate +0.0133% (longs pay shorts)
Previous funding rate +0.0299% (longs pay shorts)
Funding rate change -0.0166%
The funding rate has fallen from a high level; shorts begin taking control of the position.
Longs may get squeezed.
Current price 32.4400
Trigger level 31.9300
Invalidation level 33.9834
Observation levels 30.8180 / 29.1960
Market clues: Current funding rate +0.0133% (longs pay shorts) / Previous funding rate +0.0299% (longs pay shorts) / Funding rate change -0.0166% / Funding rate has pulled back from a high level; shorts start taking control of the position / Longs may get squeezed
Sustained changes in the funding rate indicate the position is leaning to one side. You can set up shorts in advance; the invalidation level is the stop-loss level.