📌 Data point: $BEL 1-hour open interest is up 21.93%, with total open interest at $2.15 million; over the same period, the price is up 3.09%, and 24h gains are 7.62%.
Open interest has increased by more than 20%, indicating a clear influx of leveraged funds. The first pullback after a sharp rally is the best time to gauge the strength of buying. How would you respond?
#BEL
Volatility is high, so size your position according to your risk tolerance.
Open interest has increased by more than 20%, indicating a clear influx of leveraged funds. The first pullback after a sharp rally is the best time to gauge the strength of buying. How would you respond?
#BEL
Volatility is high, so size your position according to your risk tolerance.