$ASTER
🔍 Volume and Open Interest: Decoding the Next Big Play
The Convergence that Anticipates Breakouts
To predict the continuity of a trend, the relationship between Volume and Open Interest (OI) is crucial. A rising OI along with high volume and a rising price (as seen in ASTER) is the strongest bullish signal, indicating that new money is entering longs. However, one must watch the quality of the volume. The volume of ASTER has decreased from its MA(10) of 10.4M to 7.3M, while the OI remains high. This may indicate two things: 1) Exhaustion: New buyers are scarce. 2) Consolidation: The market is taking a breather before the next move. If the volume returns strongly and the price surpasses the resistance of $2.20, the bullish trend will resume with vigor.
🎯 Key Fact: When volume falls during a consolidation but OI remains stable or slightly increases, it is known as "silent accumulation". Big players are not closing their positions, suggesting they are waiting to drive the next move, making this a critical moment to watch.#KlinkBinanceTGE
