$MEW In 15 minutes, open interest rose 4.57% to a total of $2.92 million, while the price was up 1.53%.
The contract battlefield is getting more crowded—like a mall on the weekend. When everyone squeezes together, it's easy to step on each other's toes.
Open interest up, price up: new longs are entering. Everyone dropping a “1” is a good buddy staying up late to watch the market.