$MAGMA 15-minute open interest increased by 4.55%, while the price rose by 5.34%.
Changes in open interest reflect leveraged traders’ bets, not spot demand, so the two should be viewed separately.
Signals are most reliable when multiple timeframes point in the same direction. Be more cautious when shorter and longer timeframes diverge.
Changes in open interest reflect leveraged traders’ bets, not spot demand, so the two should be viewed separately.
Signals are most reliable when multiple timeframes point in the same direction. Be more cautious when shorter and longer timeframes diverge.