🐋 $DODOX 15-minute contract open interest rose 5.94%, with an open interest value of about $5.13 million; the price was up 4.61% over the same period.
The most direct way to tell whether leveraged funds are entering or exiting is to look at open interest—but you need to understand what this number means.
Open interest (OI) is the total number of contracts in the market that have not yet been closed. It measures the number of contracts, not trading volume.
Indicators can fail, so don’t skip risk management: decide in advance what you’ll do if you’re wrong—it matters more than guessing correctly.
#DODOX
The most direct way to tell whether leveraged funds are entering or exiting is to look at open interest—but you need to understand what this number means.
Open interest (OI) is the total number of contracts in the market that have not yet been closed. It measures the number of contracts, not trading volume.
Indicators can fail, so don’t skip risk management: decide in advance what you’ll do if you’re wrong—it matters more than guessing correctly.
#DODOX
