📋 Data: $ZEREBRO |1-hour open interest +8.3%|Price +2.79%
· What it is: Open interest and trading volume are two different metrics. Trading volume shows how much was traded during this period, while open interest shows how many positions are still open right now.
· How to read it: A rapid change in open interest over a short period indicates that people are opening or closing positions in large numbers, which often amplifies subsequent price swings.
The same data can mean very different things in different market conditions, so don't apply any single rule mechanically.
#ZEREBRO
· What it is: Open interest and trading volume are two different metrics. Trading volume shows how much was traded during this period, while open interest shows how many positions are still open right now.
· How to read it: A rapid change in open interest over a short period indicates that people are opening or closing positions in large numbers, which often amplifies subsequent price swings.
The same data can mean very different things in different market conditions, so don't apply any single rule mechanically.
#ZEREBRO