Folks, this contract data for $RSR is pretty interesting 👀
The price is down 12.15%, but open interest is up 186.18% over the past 24 hours—that’s rising open interest amid falling prices! It looks like the bears are pressing their attack, but when short positions get too crowded, a rebound can catch them off guard!
Do you think this is panic selling or a weakening trend?
#RSR
Just my personal take—it may not be accurate. Please think critically.
The price is down 12.15%, but open interest is up 186.18% over the past 24 hours—that’s rising open interest amid falling prices! It looks like the bears are pressing their attack, but when short positions get too crowded, a rebound can catch them off guard!
Do you think this is panic selling or a weakening trend?
#RSR
Just my personal take—it may not be accurate. Please think critically.