$IMX Open interest +27.06% ($3.37 million), price -9.42%.
Open interest is up while price is down: new short positions are entering, and bears are taking the initiative. If the price rebounds later, short covering could easily trigger a sharp rally.
#IMX
Open interest is up while price is down: new short positions are entering, and bears are taking the initiative. If the price rebounds later, short covering could easily trigger a sharp rally.
#IMX