$ARPA 15m It rose 1.61%. The volume/turnover directly reached 3.83x, and the Z-score is 3.30. Such volatility on ARPA is rare.

Price broke above the upper band of the last 20 5m candles. OI on the 15m is +0.66%. The 1h timeframe is slightly down, but the nominal figure is still positive. Structurally, it looks like new leveraged longs are entering—not just short-covering.

The percentile is extremely high at 95.2%, in the whole pool #8, continuing across several consecutive cycles. This kind of deep confirmation on ARPA isn’t common. But there’s an uncomfortable detail: the active-trade imbalance is -28.1%, and the buy/sell ratio is 0.56. When it was moving up, active selling was dominant, which suggests someone above is distributing.

The total traded value over 24h is only 10.24M, and the pool is still shallow. With only a 51K nominal change in OI, it can push the move to such an extreme percentile—meaning things have been too quiet most of the time. Once capital moves into a stock like this, slippage and volatility tend to amplify easily.

Watch whether it can hold above the top edge of this range at the close. If it can’t, it’ll be a false breakout that snaps back to the original form.