$GOOGL #Contract Trading
Short Alert | GOOGL Funding Rate Change
Current funding rate +0.0450% (longs pay shorts)
Previous funding rate +0.0115% (longs pay shorts)
Funding rate change +0.0334%
Long funding fees are continuing to rise, with longs building positions
The market maker may be hunting longs
Current price 339.49
Trigger price 336.05
Invalidation price 342.56
Observation levels 319.12 / 298.75
Market cues: current funding rate +0.0450% (longs pay shorts) / previous funding rate +0.0115% (longs pay shorts) / funding rate change +0.0334% / long funding fees are continuing to rise, with longs building positions / the market maker may be hunting longs
Sustained changes in the funding rate indicate positions are leaning to one side. You can set up an early play to follow shorts; the invalidation price is the stop-loss level.
Short Alert | GOOGL Funding Rate Change
Current funding rate +0.0450% (longs pay shorts)
Previous funding rate +0.0115% (longs pay shorts)
Funding rate change +0.0334%
Long funding fees are continuing to rise, with longs building positions
The market maker may be hunting longs
Current price 339.49
Trigger price 336.05
Invalidation price 342.56
Observation levels 319.12 / 298.75
Market cues: current funding rate +0.0450% (longs pay shorts) / previous funding rate +0.0115% (longs pay shorts) / funding rate change +0.0334% / long funding fees are continuing to rise, with longs building positions / the market maker may be hunting longs
Sustained changes in the funding rate indicate positions are leaning to one side. You can set up an early play to follow shorts; the invalidation price is the stop-loss level.