Hey everyone, there’s something interesting about this contract data for $RLC 👀
The price is up 45.8%, while open interest over the past 24 hours is down 9.88%—that’s declining open interest with rising prices! It looks more like shorts covering; there’s no sign of new money coming in yet!
Did you catch this move?
#RLC
This is not a trading signal.
The price is up 45.8%, while open interest over the past 24 hours is down 9.88%—that’s declining open interest with rising prices! It looks more like shorts covering; there’s no sign of new money coming in yet!
Did you catch this move?
#RLC
This is not a trading signal.