$SOXL #Contract Trading
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0168% (longs pay, shorts receive)
Previous funding rate +0.0000% (longs and shorts even)
Funding rate change +0.0168%
Long funding costs keep rising, and longs are building positions
Market makers may be hunting longs
Current price 87.8600
Trigger level 88.9000
Invalidation level 95.7674
Watch levels 82.5884 / 77.3168
Market clues: Current funding rate +0.0168% (longs pay, shorts receive) / Previous funding rate +0.0000% (longs and shorts even) / Funding rate change +0.0168% / Long funding costs keep rising, and longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are tilting to one side. You can enter early and follow the short trade; the invalidation level is the stop-loss level.
Short Alert | SOXL Funding Rate Change
Current funding rate +0.0168% (longs pay, shorts receive)
Previous funding rate +0.0000% (longs and shorts even)
Funding rate change +0.0168%
Long funding costs keep rising, and longs are building positions
Market makers may be hunting longs
Current price 87.8600
Trigger level 88.9000
Invalidation level 95.7674
Watch levels 82.5884 / 77.3168
Market clues: Current funding rate +0.0168% (longs pay, shorts receive) / Previous funding rate +0.0000% (longs and shorts even) / Funding rate change +0.0168% / Long funding costs keep rising, and longs are building positions / Market makers may be hunting longs
A sustained change in the funding rate indicates that positions are tilting to one side. You can enter early and follow the short trade; the invalidation level is the stop-loss level.