🐳 $AKE : Open interest is rising while the price is falling. 24-hour open interest is up 51.85%, and the current price is 0.002918.
Worth thinking about: Who is opening positions during the decline? A falling price alongside rising open interest often means shorts are adding to their positions. The more new short positions there are—and the more crowded they become—the more fuel there is for an upward short squeeze.
Next, watch whether large orders are buying or selling.
Worth thinking about: Who is opening positions during the decline? A falling price alongside rising open interest often means shorts are adding to their positions. The more new short positions there are—and the more crowded they become—the more fuel there is for an upward short squeeze.
Next, watch whether large orders are buying or selling.
