Market Notes｜$AGT ｜1-hour open interest +6.42%｜Price +5.01%
First, a definition: open interest and trading volume are two different things. Trading volume measures how much has changed hands over a period of time; open interest shows how many contracts are still outstanding.
How to read it: If open interest rises while spot trading volume doesn't keep pace, the market may be driven more by futures flows. These moves can come and go quickly.
Multiple indicators confirming one another is more reliable than looking at just one, but no amount of signals can provide a definitive conclusion.
#AGT
First, a definition: open interest and trading volume are two different things. Trading volume measures how much has changed hands over a period of time; open interest shows how many contracts are still outstanding.
How to read it: If open interest rises while spot trading volume doesn't keep pace, the market may be driven more by futures flows. These moves can come and go quickly.
Multiple indicators confirming one another is more reliable than looking at just one, but no amount of signals can provide a definitive conclusion.
#AGT