$UAI This spot is kind of interesting.

Price at 15m dropped 2.2% after “15m” got hammered. Volume directly surged to 3.41x, with volatility (Z) at 3.45. The close fell below the lower bound of the past ~20 5m candles. Active trading value was down -20.6%, and the buy/sell ratio was 0.66—clear sell pressure was actively pushed downward.

But the weird part is that OI is still rising—15m +0.57%, 1h +0.47%, with an anomalous percentile of 94.4%, ranking 6th across the whole pool. Price is falling while OI is rising. That typically means new leveraged short positions are being added, not longs being closed out.

Net changes are negative: -250K / -398K. This indicates that although positions are being increased, the nominal size of newly opened positions at lower prices actually shrank. While the shorts press the price lower, they keep adding—overall anomaly level is near the front, and depth confirmation shows all three indicators passed.

In the last 24h, turnover is only 10.48M, so the pool isn’t that deep. This structure is either the shorts precisely targeting it, or someone has set a trap here waiting for a rebound. After breaking below the range’s lower edge, if it can’t get back up, then below is a vacuum zone.

Keep a close eye on OI: if shorts keep adding and the price doesn’t keep falling, that would be a warning sign that something is about to happen.