👀 $RLC 24-hour futures divergence!
Traders are closing positions in wave after wave (open interest down 35.16%), yet the price is up 14.24%!
Futures open interest is currently around $13.74 million. With so many positions battling it out, I’ve got my popcorn ready!
If this is a short-covering rally, it often comes fast and fades just as quickly, so don’t chase it too aggressively!
#RLC
Markets are risky; trade with caution.
Traders are closing positions in wave after wave (open interest down 35.16%), yet the price is up 14.24%!
Futures open interest is currently around $13.74 million. With so many positions battling it out, I’ve got my popcorn ready!
If this is a short-covering rally, it often comes fast and fades just as quickly, so don’t chase it too aggressively!
#RLC
Markets are risky; trade with caution.