$CHIP This move has some real substance.

In the 15m window it directly surged 1.75%. Volume hit 9.68x, Z value is 3.55—this isn’t just a casual sweep. The key is that OI is rising in sync: 15m +0.80%, 1h +1.13%. Notional change piled up to 680k U; the abnormal percentile is 97.2%, and the whole pool ranks at #13. Price is up alongside OI up—this is a textbook case of fresh leveraged long entries, not that “short covering” kind of fake heat.

The closing price has already pushed through the upper edge of roughly 20 consecutive 5m candles. The buy/sell aggressiveness ratio is 1.73, and aggressive trades are 26.8% lower—direction is very clear. It has continued across multiple consecutive cycles. Over the past 24h, trading value is around 22M. Given this kind of depth aligning with such abnormal signals, it’s worth watching to see whether it can hold its ground afterward.

Near the extreme range area, don’t chase. Wait for a pullback and confirmation.