🔥 $IDOL 24-hour futures divergence!
More and more traders are exiting (open interest -10.22%), but the price has climbed 6.15%!
There’s currently around $25.69 million in open positions on the market. With that much capital going head-to-head, I’m keeping a close eye on it!
If this really is being driven by short covering, it often happens fast and fades just as quickly. Think it through before chasing!