$ICNT 1-hour open interest rose 8.25%, while the price climbed 2.33%.
Open interest is concentrated around a certain range, and that area often becomes the main battleground between bulls and bears.
Wait for the candlestick to close before deciding; don't read too much into intraday wicks.
Open interest is concentrated around a certain range, and that area often becomes the main battleground between bulls and bears.
Wait for the candlestick to close before deciding; don't read too much into intraday wicks.