$SPCX #Contract Trading
Short Alert | SPCX Funding Rate Change
Current funding rate: +0.0076% (longs pay, shorts receive)
Previous funding rate: +0.0386% (longs pay, shorts receive)
Funding rate change: -0.0310%
The funding rate has retreated from its highs, and shorts are beginning to take over positions.
Longs may be squeezed.
Current price: 142.29
Trigger level: 136.70
Invalidation level: 144.15
Levels to watch: 135.18 / 128.06
Market cues: Current funding rate +0.0076% (longs pay, shorts receive) / Previous funding rate +0.0386% (longs pay, shorts receive) / Funding rate change -0.0310% / The funding rate has retreated from its highs, and shorts are beginning to take over positions / Longs may be squeezed
A sustained change in the funding rate indicates that positioning is tilting to one side. You can position early to follow the move down; the invalidation level is the stop-loss level.
Short Alert | SPCX Funding Rate Change
Current funding rate: +0.0076% (longs pay, shorts receive)
Previous funding rate: +0.0386% (longs pay, shorts receive)
Funding rate change: -0.0310%
The funding rate has retreated from its highs, and shorts are beginning to take over positions.
Longs may be squeezed.
Current price: 142.29
Trigger level: 136.70
Invalidation level: 144.15
Levels to watch: 135.18 / 128.06
Market cues: Current funding rate +0.0076% (longs pay, shorts receive) / Previous funding rate +0.0386% (longs pay, shorts receive) / Funding rate change -0.0310% / The funding rate has retreated from its highs, and shorts are beginning to take over positions / Longs may be squeezed
A sustained change in the funding rate indicates that positioning is tilting to one side. You can position early to follow the move down; the invalidation level is the stop-loss level.