$BLUR 15-minute open interest rose 158.73%, while the price increased 0.85%.
When the price barely moves but open interest changes significantly, it usually means buyers and sellers are adjusting their positions, which can lead to a sharp move soon.
A true trend needs a series of swing highs and lows to confirm it; one or two candlesticks are just the beginning.
Market conditions change quickly, so make your own judgment.
When the price barely moves but open interest changes significantly, it usually means buyers and sellers are adjusting their positions, which can lead to a sharp move soon.
A true trend needs a series of swing highs and lows to confirm it; one or two candlesticks are just the beginning.
Market conditions change quickly, so make your own judgment.