$AKE 1-hour open interest increased by 10.12%, while the price fell by 1.51%.
An unusual change in open interest signals that contract traders are taking a position. Whether spot buyers follow suit determines how stable the market trend is.
Signals are most reliable when multiple timeframes point in the same direction. Be more cautious when shorter and longer timeframes diverge.
An unusual change in open interest signals that contract traders are taking a position. Whether spot buyers follow suit determines how stable the market trend is.
Signals are most reliable when multiple timeframes point in the same direction. Be more cautious when shorter and longer timeframes diverge.
