$PONS This spot is a bit interesting. In 15m, it pulled up 2.56% on volume that surged straight to 2.07x. The Z value is 4.57, and the closing price has broken above the upper boundary of the recent ~20 consecutive 5m intervals.
The key is OI—up 0.33% in 15m, up 0.64% in 1h, with an abnormal percentile of 98.2%, ranking second in the whole pool. Price is rising and OI is also rising—not like short covering that’s “just a fake pull.” It looks more like fresh leveraged longs are pushing in. Active trade volume is down 35.4%, the buy/sell ratio is 2.10, and the direction is very clear.
In the past 24h, turnover is 88.89M. The pool’s notional changes are also notable and have continued across several consecutive cycles, not like a single spike.
This is approaching historical extreme zones. From here, either it accelerates, or it’s giving someone else a chance to become the bag holder. I’m watching it.
The key is OI—up 0.33% in 15m, up 0.64% in 1h, with an abnormal percentile of 98.2%, ranking second in the whole pool. Price is rising and OI is also rising—not like short covering that’s “just a fake pull.” It looks more like fresh leveraged longs are pushing in. Active trade volume is down 35.4%, the buy/sell ratio is 2.10, and the direction is very clear.
In the past 24h, turnover is 88.89M. The pool’s notional changes are also notable and have continued across several consecutive cycles, not like a single spike.
This is approaching historical extreme zones. From here, either it accelerates, or it’s giving someone else a chance to become the bag holder. I’m watching it.