👀 $ICNT 24-hour futures contract activity alert!
More and more traders are exiting (open interest down 19.8%), yet the price has surged 17.05%!
Current contract open interest is around $7.02 million. With so many positions going head-to-head, I’m keeping a close eye on it!
If this really is a short-covering rally, it usually comes and goes quickly—think carefully before chasing it!
More and more traders are exiting (open interest down 19.8%), yet the price has surged 17.05%!
Current contract open interest is around $7.02 million. With so many positions going head-to-head, I’m keeping a close eye on it!
If this really is a short-covering rally, it usually comes and goes quickly—think carefully before chasing it!