$SOXL #Contract Trading

Short Alert | SOXL Funding Rate Change

Current funding rate +0.0220% (longs pay, shorts receive)
Previous funding rate +0.0960% (longs pay, shorts receive)
Funding rate change -0.0741%
The funding rate has retreated from its high, and shorts are starting to take over positions
Longs may be squeezed
Current price 46.2600
Trigger level 38.8100
Invalidation level 49.9608
Watch levels 43.9470 / 41.6340
Market signals: Current funding rate +0.0220% (longs pay, shorts receive) / Previous funding rate +0.0960% (longs pay, shorts receive) / Funding rate change -0.0741% / The funding rate has retreated from its high, and shorts are starting to take over positions / Longs may be squeezed

Sustained changes in the funding rate indicate that positioning is shifting to one side. You can enter short positions early to ride the move; the invalidation level is the stop-loss level.