$PYTH This 15-minute move directly pulled up 3.17%. Volume expanded to 2.3x, and OI also rose by almost 5%.
The key is that the breakout level is excellent—right above the upper edges of nearly 20 five-minute K-lines. And the active buy-side is clearly dominant, with a buy/sell ratio of 1.46. This isn’t a rebound created by short-covering and dumping.
The funding rate is also being kept down at a recent high level, which suggests the bulls are entering with real money—not putting on a show with a fake breakout.
The OI abnormal percentile is straight up at 100%, ranking third in the entire pool. At times like this, the biggest taboo is treating your average-price order as a belief. The faster it rises, the more you need to be prepared for potential wick-pokes.
The data looks great, but what really matters is your position size—because that’s your life.
The key is that the breakout level is excellent—right above the upper edges of nearly 20 five-minute K-lines. And the active buy-side is clearly dominant, with a buy/sell ratio of 1.46. This isn’t a rebound created by short-covering and dumping.
The funding rate is also being kept down at a recent high level, which suggests the bulls are entering with real money—not putting on a show with a fake breakout.
The OI abnormal percentile is straight up at 100%, ranking third in the entire pool. At times like this, the biggest taboo is treating your average-price order as a belief. The faster it rises, the more you need to be prepared for potential wick-pokes.
The data looks great, but what really matters is your position size—because that’s your life.
