This 15m move for the lobster is a bit harsh—down 1.93%. Trading volume reaches 1.93x, with a Z value of 2.20, directly breaking below the lower edge of the recent 20-candle 5m range.
The active trade imbalance is -19.5%, and the buy-sell ratio is 0.67, with clear sell pressure. But interestingly, the OI hasn’t moved much; on 15m, the nominal figure is actually -1.40M. This looks more like someone is closing long positions rather than opening a big new short.
In the short term, don’t rush to buy the dip. After the breakdown, any rebound first depends on whether the volume can keep up.
The active trade imbalance is -19.5%, and the buy-sell ratio is 0.67, with clear sell pressure. But interestingly, the OI hasn’t moved much; on 15m, the nominal figure is actually -1.40M. This looks more like someone is closing long positions rather than opening a big new short.
In the short term, don’t rush to buy the dip. After the breakdown, any rebound first depends on whether the volume can keep up.