$4 This move is quite interesting; the 15m rise of 2.33% isn’t the point. The key is that OI is lifting together— the 1h contracts are up 0.51%, nominal change 168K. New leveraged long positions are entering the market; it’s not that kind of heat from short covering.

The aggressive trade volume is 22.3% higher, the buy/sell ratio is 1.57. The closing price directly pushed above the upper bound of the last 20 5m candles. The 15m volume is 1.36x, and the volatility Z reached 3.81. The entire pool’s abnormal percentile is 88.1%; abnormal rank is #8, and the nominal change rank is #30.

The structure I fear most is chasing the candle when sentiment is at its most intense. The 24h trading value is only 19.67M. I confirmed the boundary, but the order book isn’t that thick—so slippage has to be measured. I’ll first set a reminder to see whether it can hold steady at the upper edge of the range; no rush.