$AAVE There’s a little something on the order book.
In the 15m chart, it directly surged 1.44%, and volume hit 2.66x. This price-volume combination doesn’t really look like a retail trader’s quick, random push. OI is also rising: in the 1h it added 0.83%, nominal at 2.19M. Along with the volume and the buy/sell ratio of the active buy orders at 1.53, it looks more like fresh leveraged longs entering rather than shorts covering.
The more crucial point is that the price closed above the upper boundary of the recent 5m range for nearly 20 candles—basically it’s touching the recent limit. The funding rate is also in the upper percentile, and sentiment isn’t cold.
In the whole pool, the abnormality ranked #12, with nominal change ranking #16—this position isn’t just noise anymore. The 24h trading value is 165M, and the depth is also sufficient.
Watch to see whether it can hold above this range’s upper edge; if it can’t, it’ll still be a fake breakout.
In the 15m chart, it directly surged 1.44%, and volume hit 2.66x. This price-volume combination doesn’t really look like a retail trader’s quick, random push. OI is also rising: in the 1h it added 0.83%, nominal at 2.19M. Along with the volume and the buy/sell ratio of the active buy orders at 1.53, it looks more like fresh leveraged longs entering rather than shorts covering.
The more crucial point is that the price closed above the upper boundary of the recent 5m range for nearly 20 candles—basically it’s touching the recent limit. The funding rate is also in the upper percentile, and sentiment isn’t cold.
In the whole pool, the abnormality ranked #12, with nominal change ranking #16—this position isn’t just noise anymore. The 24h trading value is 165M, and the depth is also sufficient.
Watch to see whether it can hold above this range’s upper edge; if it can’t, it’ll still be a fake breakout.