$SPCX #Contract Trading
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0008% (longs pay, shorts receive)
Previous funding rate +0.0251% (longs pay, shorts receive)
Funding rate change -0.0244%
The funding rate has retreated from a high, and shorts are beginning to take over positions
Longs may come under pressure
Current price 157.26
Trigger level 156.46
Invalidation level 159.45
Watch levels 149.40 / 141.53
Market cues: Current funding rate +0.0008% (longs pay, shorts receive) / Previous funding rate +0.0251% (longs pay, shorts receive) / Funding rate change -0.0244% / The funding rate has retreated from a high, and shorts are beginning to take over positions / Longs may come under pressure
Sustained changes in the funding rate indicate that positions are leaning to one side. You can position yourself early to follow the short trend; the invalidation level is the stop-loss level.
Short Alert | SPCX Funding Rate Change
Current funding rate +0.0008% (longs pay, shorts receive)
Previous funding rate +0.0251% (longs pay, shorts receive)
Funding rate change -0.0244%
The funding rate has retreated from a high, and shorts are beginning to take over positions
Longs may come under pressure
Current price 157.26
Trigger level 156.46
Invalidation level 159.45
Watch levels 149.40 / 141.53
Market cues: Current funding rate +0.0008% (longs pay, shorts receive) / Previous funding rate +0.0251% (longs pay, shorts receive) / Funding rate change -0.0244% / The funding rate has retreated from a high, and shorts are beginning to take over positions / Longs may come under pressure
Sustained changes in the funding rate indicate that positions are leaning to one side. You can position yourself early to follow the short trend; the invalidation level is the stop-loss level.