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Sonarcast

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

Structure break (−5.6% over 24h), oversold hints at a possible bounce. The scenario is not mature: neither long nor short has an edge here.

$40.01-5.59%24h change

Key numbers

Price
$40.01
24h change
-5.59%
24h volume
$40.57M
24h high
$42.92
24h low
$39.84
Market cap
$818.38
Funding rate
-0.12%
Open interest
$34.89M
OI change, 24h
-2.84%
OI trend
falling
RSI (1h)
20
ATR / price
+0.86%
Volume vs average
0.96x

What is happening

Funding is heavily skewed — one side is aggressively overpaying, the crowd is piled onto one side.

Why: Price is far below its mean, RSI is in oversold, shorts overheated

Status
Active
Stage
Preparing

Facts

  • Key level $42.04 broken
  • Price below VWAP·5d (−13%)
  • RSI 20
  • MACD weakening
  • OI falling (−2% over 4h)
  • Funding −0.119%
  • Volume ×1.0 vs the 20-candle average

What each number means

Funding rateshorts overheated

Funding −0.119%: shorts are over-levered — risk of a short squeeze up when they buy back. The skew is accelerating — cascade risk is rising.

Open interestlongs exiting

OI is falling on a drop (−2.5% over 4h): longs are bailing — positions are being closed, not built. OI is accelerating.

RSIoversold

RSI 20: oversold — price has run far below its averages; in a downtrend RSI can stay low for a long time. And RSI is falling — pushing deeper into oversold.

EMA stackdowntrend

Price is below EMA200 and the averages are stacked bearish (20<50<200) — a steady downtrend.

MACDmomentum fading

The MACD histogram is falling — momentum is fading.

Volatility (ATR)volatility calm

Calm volatility (ATR 0.9%/h): a measured market, small moves. Volatility is compressing (squeeze) — an impulse is often brewing.

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 (1.0× the 20-candle average).

Candlestick patternsbullish pattern

Pattern "tweezerBottom" (15m) (70%): the figure favors buyers. Stronger if the next candle confirms it.

Volume profilebelow value area

Price is below the value area (VAL $40.5181) — the balance has shifted down, the seller dominates.

Pivot levelsbelow pivot

Price is below the daily pivot $41.6433 — an intraday seller lean. Nearest support $39.4633 (−1.4%).

Support and resistancebetween levels

Nearest levels: resistance $42.8225 (+7.0%) (strong, 4 touches).

Levels and structure

Range high / low
$42.23 · $39.87
Resistance
$42.82 · $43.13 · $44.24

Range and holding cost18 days

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

Window high
$55.662026-09-03
Window low
$40.742026-09-20
Price within the window
3.6%
Average daily range
7.39%
Up days
8 / 18
Down days
10 / 18
Best day
+9.45%
Worst day
-9.83%
Average funding
-0.001%
Time funding was positive
34.6%
Open interest over the window
+111.55%
DateCloseChangeRangeFunding rateOpen interest
$41.27-2.80%5.13%-0.005%$35.13M
$42.46+1.90%2.95%+0.017%$36.20M
$41.67-7.75%10.52%-0.006%$37.57M
$45.17-6.90%9.56%-0.004%$37.06M
$48.52-4.94%7.99%-0.011%$38.47M
$51.04+0.35%5.96%-0.007%$43.95M
$50.86+8.68%12.74%-0.009%$39.68M
$46.80+5.76%6.46%+0.044%$34.89M
$44.25+0.61%2.16%-0.001%$34.53M
$43.98-7.20%10.17%-0.004%$33.62M
$47.39+9.45%9.91%-0.007%$37.03M
$43.30-2.04%8.21%-0.000%$35.12M
$44.20+1.77%8.22%+0.001%$33.50M
$43.43-1.72%5.23%-0.030%$32.81M

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, 1:38 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.