Open interest over $IRYS 15 minutes increased by 8.22%, while the price rose by 5.67%.
A sudden change in open interest signals that derivatives traders are taking a position. Whether spot buyers follow through determines how stable the market move is.
Price and volume need to move together to make a convincing case; a move in a single candlestick alone doesn’t tell us much.
A sudden change in open interest signals that derivatives traders are taking a position. Whether spot buyers follow through determines how stable the market move is.
Price and volume need to move together to make a convincing case; a move in a single candlestick alone doesn’t tell us much.