$IDOL Open interest fell while the price rose: 24-hour open interest -14.64%, price +11.78%, open interest value $15.85 million.
The rise seems more likely driven by short covering than by new long positions. Whether it can continue depends on whether fresh capital comes in to sustain the move. Do you think the market has fully reacted?
#IDOL
The rise seems more likely driven by short covering than by new long positions. Whether it can continue depends on whether fresh capital comes in to sustain the move. Do you think the market has fully reacted?
#IDOL