AAOI is around 149 now, and in the past 24 hours it has surged 13 points—this move is backed by real, solid buying.
But after pulling to this level, the short-term momentum feels a bit like it can’t keep going. On the four-hour chart it has turned sideways: out of the six candles, four are bearish. After it touched 153, it started moving sideways with no further push upward.
The key is what the capital is doing: the large-account count dropped by nearly half over the past seven hours, and the long position allocation is also shrinking back. Contract-driven active buy volume has turned around too—down about 30% compared with earlier. On the order book, the sell pressure in the 20-level spot market is also heavier than the buy side; buying at high levels is clearly not strong enough.
The fee rate is still sitting at zero—so it hasn’t reached the stage of overheated congestion. This suggests the move is more driven by sentiment and proactive buying rather than leverage piling on to create artificial hype.
So the trend hasn’t broken down: the daily chart is still bullish, and the price remains above the moving average. But chasing here really isn’t a great value—pressure around 153 is right in front of you.
My stance is: don’t rush in. Wait for a pullback to see the follow-through. If the pullback holds, the trend can continue. If it can’t hold, then this is simply a high-to-lower reversal after a spike.
#aaoi $AAOI
But after pulling to this level, the short-term momentum feels a bit like it can’t keep going. On the four-hour chart it has turned sideways: out of the six candles, four are bearish. After it touched 153, it started moving sideways with no further push upward.
The key is what the capital is doing: the large-account count dropped by nearly half over the past seven hours, and the long position allocation is also shrinking back. Contract-driven active buy volume has turned around too—down about 30% compared with earlier. On the order book, the sell pressure in the 20-level spot market is also heavier than the buy side; buying at high levels is clearly not strong enough.
The fee rate is still sitting at zero—so it hasn’t reached the stage of overheated congestion. This suggests the move is more driven by sentiment and proactive buying rather than leverage piling on to create artificial hype.
So the trend hasn’t broken down: the daily chart is still bullish, and the price remains above the moving average. But chasing here really isn’t a great value—pressure around 153 is right in front of you.
My stance is: don’t rush in. Wait for a pullback to see the follow-through. If the pullback holds, the trend can continue. If it can’t hold, then this is simply a high-to-lower reversal after a spike.
#aaoi $AAOI