$ORDER 15-minute open interest rose 3.83%, while the price fell 4.77%.
When the price barely moves but open interest swings sharply, it usually means buyers and sellers are adjusting their positions, and a sharp move may follow.
From a structural perspective, this move should be considered alongside the 4-hour structure, as anomalies on shorter timeframes are often corrected.
When the price barely moves but open interest swings sharply, it usually means buyers and sellers are adjusting their positions, and a sharp move may follow.
From a structural perspective, this move should be considered alongside the 4-hour structure, as anomalies on shorter timeframes are often corrected.