Real-time observation: Open interest over the past $PRL 1 hours increased by 51.26%, currently standing at around $2.62 million; the price rose 13.47% over the same period.
A sharp change in open interest indicates that contract traders are placing bets. Whether spot buying follows through determines how solid the move is.
Just my personal opinion—not financial advice.
A sharp change in open interest indicates that contract traders are placing bets. Whether spot buying follows through determines how solid the move is.
Just my personal opinion—not financial advice.
