$DOOD Open interest increased by 1.5% over 15 minutes, while the price remained almost unchanged.
When the price barely moves but open interest fluctuates sharply, it usually means both buyers and sellers are adding positions, which can lead to a one-sided move.
After an unusual move, the market usually enters a consolidation phase. How it consolidates influences which direction the next move takes.
#DOOD
When the price barely moves but open interest fluctuates sharply, it usually means both buyers and sellers are adding positions, which can lead to a one-sided move.
After an unusual move, the market usually enters a consolidation phase. How it consolidates influences which direction the next move takes.
#DOOD