$AIOT This 15m move is directly down -5.77%. Volume surged to 3.72x, and it got dumped pretty decisively.
Looking at OI makes it even clearer—both the 15m and 1h are around -4% (slightly over), nominally down more than 360k U, and the whole pool is at an abnormal percentile of 99.8%, ranking #1. The open interest is also moving down in sync—not like fresh shorts entering, more like longs being forced to deleverage; you can almost feel stop-loss orders triggering in a chain.
Price has broken below the lows of nearly 20 consecutive 5m candles. Active trade volume is down -25.8%, buy/sell ratio is 0.59, and sell pressure is one-sided. 24h turnover is only 13.63M, and the pool isn’t that deep—at times like this, slippage tends to get magnified.
If those OI anomalies keep carrying through a few more cycles, don’t rush to pick up near the extreme zone yet. Wait for volume to contract or for OI to stabilize—because the knife is still in the air.
Looking at OI makes it even clearer—both the 15m and 1h are around -4% (slightly over), nominally down more than 360k U, and the whole pool is at an abnormal percentile of 99.8%, ranking #1. The open interest is also moving down in sync—not like fresh shorts entering, more like longs being forced to deleverage; you can almost feel stop-loss orders triggering in a chain.
Price has broken below the lows of nearly 20 consecutive 5m candles. Active trade volume is down -25.8%, buy/sell ratio is 0.59, and sell pressure is one-sided. 24h turnover is only 13.63M, and the pool isn’t that deep—at times like this, slippage tends to get magnified.
If those OI anomalies keep carrying through a few more cycles, don’t rush to pick up near the extreme zone yet. Wait for volume to contract or for OI to stabilize—because the knife is still in the air.
