I was like, damn!
$RLC 24 hours in, it’s up 45.8%, but open interest has dropped 9.88%! Looks like the shorts are lining up to cover ✨
But short covering alone won’t keep it going for long—the key is whether new money steps in!
Where do you think things go from here?
#RLC
Don’t treat this as a basis for trading.
$RLC 24 hours in, it’s up 45.8%, but open interest has dropped 9.88%! Looks like the shorts are lining up to cover ✨
But short covering alone won’t keep it going for long—the key is whether new money steps in!
Where do you think things go from here?
#RLC
Don’t treat this as a basis for trading.