IOTA, this round has something.
In the 15m timeframe it surged directly by 1.06%, with volume reaching 3.83x. The bid/ask ratio for active buys is 1.05. It’s not outrageous, but the direction is very clear.
The key is OI—on the 15m contracts +3.43%, and the 1h is still adding. It sits at an abnormal percentile of 98.4%, ranking third in the entire pool. This isn’t a retail trader’s quick open—it's multiple consecutive cycles stacking up leveraged longs.
Price is up and OI is also up, with a strong taste of new leverage entering. The funding rate is already at a high percentile for the recent period, indicating bullish sentiment isn’t low.
With this kind of structure, I generally look at it a couple more times—not to chase, but to see whether it can continue. If OI stays abnormally high but the price doesn’t accelerate, then be more careful.
$IOTA put it into the watchlist for now.
In the 15m timeframe it surged directly by 1.06%, with volume reaching 3.83x. The bid/ask ratio for active buys is 1.05. It’s not outrageous, but the direction is very clear.
The key is OI—on the 15m contracts +3.43%, and the 1h is still adding. It sits at an abnormal percentile of 98.4%, ranking third in the entire pool. This isn’t a retail trader’s quick open—it's multiple consecutive cycles stacking up leveraged longs.
Price is up and OI is also up, with a strong taste of new leverage entering. The funding rate is already at a high percentile for the recent period, indicating bullish sentiment isn’t low.
With this kind of structure, I generally look at it a couple more times—not to chase, but to see whether it can continue. If OI stays abnormally high but the price doesn’t accelerate, then be more careful.
$IOTA put it into the watchlist for now.
