$SAND #Contract Trading
Long Alert | SAND Funding Rate Change
Current funding rate: -0.0537% (shorts pay longs)
Previous funding rate: -0.1339% (shorts pay longs)
Funding rate change: +0.0802%
The funding rate is recovering from a low, and bulls are beginning to take over positions.
Shorts may be squeezed.
Current price: 0.06501
Trigger level: 0.06853
Invalidation level: 0.06261
Levels to watch: 0.06826 / 0.07151
Market cues: Current funding rate -0.0537% (shorts pay longs) / Previous funding rate -0.1339% (shorts pay longs) / Funding rate change +0.0802% / The funding rate is recovering from a low, and bulls are beginning to take over positions / Shorts may be squeezed
Sustained changes in the funding rate indicate that positions are shifting to one side. Consider positioning early to go long; the invalidation level is the stop-loss level.
Long Alert | SAND Funding Rate Change
Current funding rate: -0.0537% (shorts pay longs)
Previous funding rate: -0.1339% (shorts pay longs)
Funding rate change: +0.0802%
The funding rate is recovering from a low, and bulls are beginning to take over positions.
Shorts may be squeezed.
Current price: 0.06501
Trigger level: 0.06853
Invalidation level: 0.06261
Levels to watch: 0.06826 / 0.07151
Market cues: Current funding rate -0.0537% (shorts pay longs) / Previous funding rate -0.1339% (shorts pay longs) / Funding rate change +0.0802% / The funding rate is recovering from a low, and bulls are beginning to take over positions / Shorts may be squeezed
Sustained changes in the funding rate indicate that positions are shifting to one side. Consider positioning early to go long; the invalidation level is the stop-loss level.