$ICNT 15-minute open interest increased by 4.15%, while the price rose 4.02%.
When the price barely moves but open interest changes noticeably, it often means buyers and sellers are adjusting their positions, which can be followed by a one-sided move.
Price and volume moving in sync is what makes a signal meaningful; an unusual move in a single candlestick alone doesn't tell you much.
#ICNT
When the price barely moves but open interest changes noticeably, it often means buyers and sellers are adjusting their positions, which can be followed by a one-sided move.
Price and volume moving in sync is what makes a signal meaningful; an unusual move in a single candlestick alone doesn't tell you much.
#ICNT