📢 $ICNT 1-hour open interest surged 6.84% 👀
Don't rush into a trade—understand open interest before you act 👇
Open interest in futures represents the combined demand for leverage and hedging. Some positions are held solely to hedge spot risk.
Multiple indicators confirming one another are more reliable than looking at just one, but even more signals can't provide a definitive answer.
Don't rush into a trade—understand open interest before you act 👇
Open interest in futures represents the combined demand for leverage and hedging. Some positions are held solely to hedge spot risk.
Multiple indicators confirming one another are more reliable than looking at just one, but even more signals can't provide a definitive answer.