$WET 1-hour open interest increased by 20.35%, while the price rose 12.93%.
Leveraged funds come in fast and often leave just as quickly. When a rally is driven by rising open interest, its staying power is questionable.
Candlestick bodies matter more than wick spikes: a steady close shows the strength is real.
#WET
Leveraged funds come in fast and often leave just as quickly. When a rally is driven by rising open interest, its staying power is questionable.
Candlestick bodies matter more than wick spikes: a steady close shows the strength is real.
#WET
