⚡️Open interest down, price up⚡️ Something's happening with contract $RLC !
Open interest over 24 hours: -35.16%; price: +14.24%; current price: 1.0522.
Looks like the bears couldn't hold on and are closing their positions, pushing the price up! But this seems more like a short-covering rally; fresh capital will need to enter for the momentum to continue!
For reference only. Trade at your own risk.
Open interest over 24 hours: -35.16%; price: +14.24%; current price: 1.0522.
Looks like the bears couldn't hold on and are closing their positions, pushing the price up! But this seems more like a short-covering rally; fresh capital will need to enter for the momentum to continue!
For reference only. Trade at your own risk.