$TNSR This move is the real deal. In just 15 minutes, it surged 7 points. Volume expanded to 3.8 times—definitely not one of those low-volume fake breakouts.
The key is that the OI is rising in sync, with contract positions for the past hour up 6.6%, and the funding rate also running at a high percentile in the recent range. This combination of price jumping + positions increasing indicates that real money is adding leverage to go long—not a short-covering type of phantom rally.
Now the closing price has directly pushed through the upper bound of the range formed by the last 20 K-lines. The buy-side is in control. But to put it plainly, in such an extreme spot (OI abnormal percentile of 99.6%), once sentiment cools off, pullbacks can be quite painful too—so... you know what I mean.
#TNSR
The key is that the OI is rising in sync, with contract positions for the past hour up 6.6%, and the funding rate also running at a high percentile in the recent range. This combination of price jumping + positions increasing indicates that real money is adding leverage to go long—not a short-covering type of phantom rally.
Now the closing price has directly pushed through the upper bound of the range formed by the last 20 K-lines. The buy-side is in control. But to put it plainly, in such an extreme spot (OI abnormal percentile of 99.6%), once sentiment cools off, pullbacks can be quite painful too—so... you know what I mean.
#TNSR