$DOOD 15-minute open interest increased 2.88%, while the price remained nearly unchanged.
Rising prices with rising open interest suggest bulls are taking the initiative; falling prices with rising open interest suggest bears are active. Rising open interest while the price stays flat often means a big move is brewing.
I’ll use the range before the unusual move as a reference: the move only counts as valid if the price holds outside the range.
Rising prices with rising open interest suggest bulls are taking the initiative; falling prices with rising open interest suggest bears are active. Rising open interest while the price stays flat often means a big move is brewing.
I’ll use the range before the unusual move as a reference: the move only counts as valid if the price holds outside the range.