$SOXL #Contract Trading
Long Alert | SOXL Funding Rate Change
Current funding rate: -0.0284% (shorts pay longs)
Previous funding rate: +0.0302% (longs pay shorts)
Funding rate change: -0.0586%
The funding rate for shorts is becoming increasingly negative, and shorts are building positions.
Market makers may squeeze shorts.
Current price: 45.6500
Trigger level: 49.7100
Invalidation level: 43.3153
Levels to watch: 48.3890 / 51.1280
Market signals: Current funding rate -0.0284% (shorts pay longs) / Previous funding rate +0.0302% (longs pay shorts) / Funding rate change -0.0586% / The funding rate for shorts is becoming increasingly negative, and shorts are building positions / Market makers may squeeze shorts
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can position early to go long; the invalidation level is the stop-loss level.
Long Alert | SOXL Funding Rate Change
Current funding rate: -0.0284% (shorts pay longs)
Previous funding rate: +0.0302% (longs pay shorts)
Funding rate change: -0.0586%
The funding rate for shorts is becoming increasingly negative, and shorts are building positions.
Market makers may squeeze shorts.
Current price: 45.6500
Trigger level: 49.7100
Invalidation level: 43.3153
Levels to watch: 48.3890 / 51.1280
Market signals: Current funding rate -0.0284% (shorts pay longs) / Previous funding rate +0.0302% (longs pay shorts) / Funding rate change -0.0586% / The funding rate for shorts is becoming increasingly negative, and shorts are building positions / Market makers may squeeze shorts
A sustained change in the funding rate indicates that positions are becoming skewed to one side. You can position early to go long; the invalidation level is the stop-loss level.