$AVA |1-hour position +8.89%|Price +6.8%
What is open interest? Open interest is the total number of contracts in the market that have not yet been closed. It measures the number of open positions, not trading volume.
If open interest rises but spot buying doesn’t follow, the rally may be driven more by futures capital. Moves like this often come quickly and reverse just as quickly.
Learning to read indicators is easy; the hard part is sticking to the rules when emotions are running high.

#AVA