Everyone, there’s something interesting about the contract data for $ARC 👀
The price is up 38.48%, while open interest is down 15.47% over the past 24 hours—that’s rising prices with falling open interest! It’s probably shorts covering; there’s no clear sign of new long positions entering yet.
At this point, would you rather keep watching or take some profits?
This is not investment advice of any kind. You are responsible for your own gains and losses.
The price is up 38.48%, while open interest is down 15.47% over the past 24 hours—that’s rising prices with falling open interest! It’s probably shorts covering; there’s no clear sign of new long positions entering yet.
At this point, would you rather keep watching or take some profits?
This is not investment advice of any kind. You are responsible for your own gains and losses.