$KAVA Open interest is rising while the price is falling: 24-hour open interest +49.08%, price -21.62%, open interest value $7.35 million.
This could be new short positions driving the decline, or longs adding to their positions as the price falls. Watch out for continued selling pressure from shorts, but also beware of a short squeeze if positions become crowded. What reasons do you have for being bullish or bearish?
#KAVA
This could be new short positions driving the decline, or longs adding to their positions as the price falls. Watch out for continued selling pressure from shorts, but also beware of a short squeeze if positions become crowded. What reasons do you have for being bullish or bearish?
#KAVA