$VELVET OI SURGING WHILE PRICE LAGS — CLASSIC ACCUMULATION PATTERN 💎
Open interest climbing while price remains flat — this is a textbook divergence that often precedes a directional move. On a top-tier exchange, OI rose +6.9% in the last hour alone while price drifted -0.38%, with neutral funding at 0.0050% suggesting no excessive leverage skew.
The R:R for a breakout is attractive if price reclaims recent structure. Are you positioning for the move or waiting for confirmation?
Not financial advice. Always manage your risk.
#VELVET #Accumulation #OI #Divergence
💎
Open interest climbing while price remains flat — this is a textbook divergence that often precedes a directional move. On a top-tier exchange, OI rose +6.9% in the last hour alone while price drifted -0.38%, with neutral funding at 0.0050% suggesting no excessive leverage skew.
The R:R for a breakout is attractive if price reclaims recent structure. Are you positioning for the move or waiting for confirmation?
Not financial advice. Always manage your risk.
#VELVET #Accumulation #OI #Divergence
💎
