⚡️Open interest down, price up⚡️ Something’s happening with the $Lobster contract!
Open interest is down 17.89% over 24 hours, while the price is up 7.62%. Current price: 0.04303.
Looks like the bears couldn’t take the heat and are closing their positions, pushing the price up! But this is probably just a short-covering rally; it’ll need fresh money coming in to keep up the momentum!
For reference only, not trading advice.
Open interest is down 17.89% over 24 hours, while the price is up 7.62%. Current price: 0.04303.
Looks like the bears couldn’t take the heat and are closing their positions, pushing the price up! But this is probably just a short-covering rally; it’ll need fresh money coming in to keep up the momentum!
For reference only, not trading advice.