$IOST 15-minute open interest rose 3.68%, while the price increased 1.04%.
A decline in open interest usually means positions are being closed, while an increase means new money is coming in. The price action that follows can differ significantly.
I’ll use the consolidation range before the move as the dividing line: only a sustained break outside the range counts.
#IOST
A decline in open interest usually means positions are being closed, while an increase means new money is coming in. The price action that follows can differ significantly.
I’ll use the consolidation range before the move as the dividing line: only a sustained break outside the range counts.
#IOST