Everyone, there’s something interesting about the data for this contract, $AVA .
The price is up 4.63%, but open interest has fallen 27.57% over the past 24 hours—that’s a price rise with falling open interest! Most likely, shorts are covering; for now, there’s no sign of new money coming in.
Could a pullback present an opportunity? What do you think?
The price is up 4.63%, but open interest has fallen 27.57% over the past 24 hours—that’s a price rise with falling open interest! Most likely, shorts are covering; for now, there’s no sign of new money coming in.
Could a pullback present an opportunity? What do you think?