Looking only at candlesticks can make you miss half the picture. $CLANKER 1-hour open interest is up 5.97%, while the price is up 0.94%. Compare the two:
Rising open interest and rising price: new longs are entering.
If open interest keeps piling up, watch whether funding rates are rising too. What’s a suitable leverage level? Let’s talk in the comments.
Rising open interest and rising price: new longs are entering.
If open interest keeps piling up, watch whether funding rates are rising too. What’s a suitable leverage level? Let’s talk in the comments.