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Sonarcast

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

Structure break (−8.6% over 24h), oversold hints at a possible bounce. The scenario is not mature: neither long nor short has an edge here.

$0.4488-8.58%24h change

Key numbers

Price
$0.4488
24h change
-8.58%
24h volume
$9.40M
24h high
$0.5023
24h low
$0.4479
Market cap
$430.02M
Sector
Meme
Funding rate
+0.005%
Open interest
$37.80M
OI change, 24h
-5.50%
OI trend
falling
RSI (1h)
29
ATR / price
+1.01%
Volume vs average
1.17x

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 has run far below the mean, RSI is at the low extreme

Status
Active
Stage
Maturing

Facts

  • Price below VWAP·5d (−6%)
  • RSI 29
  • MACD weakening
  • OI falling (−2% over 4h)
  • Funding +0.005%
  • Volume ×1.2 vs the 20-candle average

What each number means

Funding rateneutral

Funding +0.005%: neither longs nor shorts dominate, no overheating.

Open interestlongs exiting

OI is falling on a drop (−2.0% over 4h): longs are bailing — positions are being closed, not built. OI is accelerating.

RSIoversold

RSI 29: oversold — price has run far below its averages; in a downtrend RSI can stay low for a long time.

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 2.0%/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 (1.2× the 20-candle average).

Candlestick patternsbullish pattern

Pattern "tweezerBottom" (1h) (70%): the figure favors buyers. Stronger if the next candle confirms it.

Volume profilebelow value area

Price is below the value area (VAL $0.4497) — the balance has shifted down, the seller dominates.

Pivot levelsbelow pivot

Price is below the daily pivot $0.4712 — an intraday seller lean. Nearest support $0.4410 (−1.7%).

Support and resistancebetween levels

Nearest levels: resistance $0.4586 (+2.2%) (strong, 6 touches).

Levels and structure

Range high / low
$0.4674 · $0.4471
Resistance
$0.4586 · $0.4693 · $0.4727

Range and holding cost17 days

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

Window high
$0.67442026-09-04
Window low
$0.43842026-09-16
Price within the window
21.7%
Average daily range
9.09%
Up days
5 / 17
Down days
12 / 17
Best day
+13.74%
Worst day
-9.27%
Average funding
+0.005%
Time funding was positive
99.3%
Open interest over the window
+535.19%
DateCloseChangeRangeFunding rateOpen interest
$0.4896-1.51%5.23%+0.007%$40.95M
$0.4971+7.60%12.06%+0.008%$37.95M
$0.4620+1.45%6.39%+0.006%$37.75M
$0.4554-1.47%8.87%+0.006%$35.26M
$0.4622-7.49%9.83%no datano data
$0.4996+4.39%9.65%no datano data
$0.4786-2.25%5.58%no datano data
$0.4896-0.99%3.15%+0.005%$40.12M
$0.4945+4.74%12.56%+0.004%$39.22M
$0.4721-1.32%7.04%+0.004%$41.14M
$0.4784-9.27%13.79%+0.003%$43.24M
$0.5273-3.18%5.05%+0.005%$49.84M
$0.5446-5.48%7.39%+0.005%$50.51M
$0.5762-3.50%10.2%+0.006%$55.24M

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 20, 2026, 8:52 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.