$AERO This one has a little something.

On the 15m timeframe, it surged on increased volume to 1.82%, with volume hitting 1.77x. The buy/sell ratio is 1.48, and the buy orders are truly pushing upward. But the interesting part is that OI on 15m actually dipped slightly—only on 1h did it barely turn positive. That means price is rising without OI keeping up: a typical short-covering move, not fresh longs entering.

The closing price directly broke above the upper edge of the previous 20 5m candles. The volatility Z reached 3.48, and the OI abnormal percentile is 96.2%. It ranks 7th in the whole pool. When extreme percentiles keep persisting across multiple cycles like this, it’s not just a one-off needle.

The 24h turnover is a bit over 27M, and the depth is there, but it’s still a rally driven by short covering. Once the shorts get squeezed out, who will take over is the key. If you chase the rally, make sure you’re clear about it.