Q: What does it mean when open interest increased by 14.65% over $INJ 24 hours, while the price rose by 0.79%?
A: Money is flowing in, but the price hasn’t picked a direction. Bulls and bears are both building positions. The longer the tug-of-war lasts, the more volatile the move that follows may be—but it’s hard to say which way it will go.
A: Money is flowing in, but the price hasn’t picked a direction. Bulls and bears are both building positions. The longer the tug-of-war lasts, the more volatile the move that follows may be—but it’s hard to say which way it will go.