$TUT This 15m has a bit of interest.
The price is up 1.43%, volume is 1.43x. It doesn’t look that fierce at first glance, but the close directly pushed through the upper boundary of the past nearly 20 of the 5m candles. Active trade volume is higher by 37.5%, and the buy/sell ratio is 2.20—buyers are truly eating.
More importantly, OI is rising as well: 1h +0.36%, the pool’s abnormal percentile is 79%, ranking 6th. This doesn’t look like a bull trap from short covering; it’s more like new leveraged long positions are entering.
In the last 24h, trading value is 26.45M, and the depth is sufficient. This kind of structure usually doesn’t end in one wave. First, see whether it can hold above the upper boundary of the range. If it can’t hold, it’s a fake breakout. If it can hold, then we can talk about continuation.
Watch it for a bit.
The price is up 1.43%, volume is 1.43x. It doesn’t look that fierce at first glance, but the close directly pushed through the upper boundary of the past nearly 20 of the 5m candles. Active trade volume is higher by 37.5%, and the buy/sell ratio is 2.20—buyers are truly eating.
More importantly, OI is rising as well: 1h +0.36%, the pool’s abnormal percentile is 79%, ranking 6th. This doesn’t look like a bull trap from short covering; it’s more like new leveraged long positions are entering.
In the last 24h, trading value is 26.45M, and the depth is sufficient. This kind of structure usually doesn’t end in one wave. First, see whether it can hold above the upper boundary of the range. If it can’t hold, it’s a fake breakout. If it can hold, then we can talk about continuation.
Watch it for a bit.