$MOVR 24h rose 25.61%, but over the past 1 hour it actually fell 0.78% instead, while trading value was 4.76 times the 24h hourly average—volume expansion without follow-through; longs are starting to have buyers who aren’t stepping in!
The 1-hour aggressive buy/sell ratio is slightly more sell-side than 0.985; it reverted to 1.235 again over the next 15 minutes. Open position value increased 6.01% to 4.23 million, funding rate is -0.0131%, meaning shorts are paying fees to longs.
To keep the momentum going, it must first reclaim the 24h high of 1.2388; if it falls back below the level from one hour ago—1.2165—then this accumulation thesis won’t hold.
#MOVR
The 1-hour aggressive buy/sell ratio is slightly more sell-side than 0.985; it reverted to 1.235 again over the next 15 minutes. Open position value increased 6.01% to 4.23 million, funding rate is -0.0131%, meaning shorts are paying fees to longs.
To keep the momentum going, it must first reclaim the 24h high of 1.2388; if it falls back below the level from one hour ago—1.2165—then this accumulation thesis won’t hold.
#MOVR
