$MAGIC The 5-minute open interest increased by 5.22%, while the price rose 4.27%.
A change in open interest signals leveraged funds taking a position; whether spot buying has followed determines how solid the move is.
Structurally, this move should be assessed alongside the daily chart, as anomalies on shorter timeframes are often corrected.
#MAGIC
A change in open interest signals leveraged funds taking a position; whether spot buying has followed determines how solid the move is.
Structurally, this move should be assessed alongside the daily chart, as anomalies on shorter timeframes are often corrected.
#MAGIC