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Sonarcast

SOXL (SOXL / USDT) — funding, open interest and structure

Uptrend (+6.1% over 24h). The scenario is not mature: neither long nor short has an edge here.

$128.28+6.12%24h change

Key numbers

Price
$128.28
24h change
+6.12%
24h volume
$223.44M
24h high
$128.63
24h low
$119.34
Market cap
$2.13K
Funding rate
+0.14%
Open interest
$340.33M
OI change, 24h
+4.74%
OI trend
rising
RSI (1h)
81
ATR / price
+1.00%
Volume vs average
0.93x

What is happening

Price broke a key prior extreme — the earlier sequence of highs and lows is broken, the local character has changed.

Why: Price sits well above the mean, overheated on RSI, longs overheated

Status
Active
Stage
Preparing

Facts

  • Key level $122.16 broken
  • Price above VWAP·5d (+14%)
  • RSI 81
  • MACD rising
  • OI rising (+7% over 4h)
  • Funding +0.140%
  • Volume ×0.9 vs the 20-candle average

What each number means

Funding ratelongs overheated

Funding +0.140%: longs are paying shorts aggressively. The crowd is over-levered long — risk of a liquidation cascade on a reversal. The skew is accelerating — cascade risk is rising.

Open interestposition inflow

OI is rising on a rally (+6.6% over 4h): new longs are stepping in — the move is backed by money. OI is accelerating.

RSIoverbought

RSI 81: overbought. It can hold at a trend peak, but the room above is thinning. And RSI is rising — pushing deeper into overbought.

EMA stackuptrend

Price is above EMA200 and the averages are stacked bullish (20>50>200) — a steady uptrend.

MACDmomentum building

The MACD histogram is rising — upside momentum is building.

Volatility (ATR)volatility calm

Calm volatility (ATR 0.9%/h): a measured market, small moves.

Cumulative volume deltaflow flat

CVD is flat: neither buyer nor seller dominates the flow.

Recent moveno pump

No active pump — the coin is in its normal regime.

Volumevolume normal

Volume is normal (0.9× the 20-candle average).

Candlestick patternsbullish pattern

Pattern "threeWhiteSoldiers" (15m) (85%): the figure favors buyers. Stronger if the next candle confirms it.

Volume profileabove value area

Price is above the value area (VAH $127.2871) — demand is stretched up, it often gets pulled back into the area.

Pivot levelsabove pivot

Price is above the daily pivot $123.4000 — an intraday buyer lean. Nearest resistance $130.2300 (+1.5%).

Support and resistancebetween levels

Nearest levels: support $121.9950 (−4.9%) (2 touches).

Levels and structure

Range high / low
$127.84 · $121.58
Support
$122.00 · $119.70 · $115.41

Range and holding cost18 days

Where SOXL sits in its recent range, how much it moves on an average day, and what holding a position has cost in funding.

Window high
$128.912026-09-07
Window low
$98.752026-09-03
Price within the window
85.9%
Average daily range
7.38%
Up days
10 / 18
Down days
7 / 18
Best day
+9.40%
Worst day
-10.21%
Average funding
+0.009%
Time funding was positive
67.5%
Open interest over the window
+245.59%
DateCloseChangeRangeFunding rateOpen interest
$124.65+3.20%5.65%+0.009%$327.45M
$120.78-1.91%3.06%-0.012%$325.29M
$123.13+7.52%10.5%+0.011%$337.49M
$114.52+6.35%8.96%+0.001%$337.34M
$107.68+4.98%7.98%+0.008%$334.26M
$102.57-0.37%5.65%+0.014%$352.11M
$102.95-10.21%14.12%+0.012%$374.20M
$114.66-5.58%6.66%-0.045%$289.91M
$121.44-0.70%2.41%+0.004%$264.31M
$122.30+7.13%10.2%+0.005%$270.05M
$114.16-9.17%9.83%-0.002%$273.37M
$125.69+2.13%8.19%+0.006%$310.55M
$123.07-1.60%7.08%+0.004%$320.87M
$125.07+1.12%4.45%+0.029%$342.46M

What the terminal adds

Order flow (CVD and taker split), the full order book with a depth map, price magnets, AI scenarios and Guardian on the coins you are trading — inside Sonarcast.

Data as of Sep 21, 2026, 1:12 AM UTC

Sources: Binance, Bybit, CoinGlass, CoinGecko.

Market analytics, not investment advice and not a trading signal. Every trading decision, and its result, is yours.