Zoye

08/07 04:30

Market Activity Tells a Mixed Story While POL’s p

Market Activity Tells a Mixed Story

While POL’s price shows signs of recovery, the charts reveal mixed signals. After an earlier surge, both trading volume and open interest have declined, suggesting that some investors have stepped back.

Even so, open interest (which measures how many positions remain open) recently increased by 6.51% to $108.34 million, while volume dropped by 6.88% to $140.13 million.

This suggests that traders are still opening or holding positions, even though overall trading activity has slowed.download-87-768x370.png

The current market sentiment indicator sits at just 0.0054%, which is considered neutral. This means there’s no strong sign of a bullish or bearish trend at the moment, but the calm could be the quiet before a bigger move.download-88-768x218.png

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