$SNXX #Perpetual Futures Trading
Short Alert | SNXX Funding Rate Change
Current funding rate +0.0019% (longs pay, shorts receive)
Previous funding rate +0.0419% (longs pay, shorts receive)
Funding rate change -0.0401%
The funding rate has retreated from its high, and shorts are starting to take over positions
Longs may face a squeeze
Current price 6.4400
Trigger level 5.8900
Invalidation level 6.8243
Watch levels 6.1180 / 5.7960
Market signals: Current funding rate +0.0019% (longs pay, shorts receive) / Previous funding rate +0.0419% (longs pay, shorts receive) / Funding rate change -0.0401% / The funding rate has retreated from its high, and shorts are starting to take over positions / Longs may face a squeeze
A sustained change in the funding rate indicates that positions are tilting to one side. Consider positioning early to follow the short move; the invalidation level is the stop-loss level.
Short Alert | SNXX Funding Rate Change
Current funding rate +0.0019% (longs pay, shorts receive)
Previous funding rate +0.0419% (longs pay, shorts receive)
Funding rate change -0.0401%
The funding rate has retreated from its high, and shorts are starting to take over positions
Longs may face a squeeze
Current price 6.4400
Trigger level 5.8900
Invalidation level 6.8243
Watch levels 6.1180 / 5.7960
Market signals: Current funding rate +0.0019% (longs pay, shorts receive) / Previous funding rate +0.0419% (longs pay, shorts receive) / Funding rate change -0.0401% / The funding rate has retreated from its high, and shorts are starting to take over positions / Longs may face a squeeze
A sustained change in the funding rate indicates that positions are tilting to one side. Consider positioning early to follow the short move; the invalidation level is the stop-loss level.