$AZTEC 24h dropped 6.75%, yet within just 1 hour it surged from 0.01664 to 0.01726—someone is stubbornly catching it in the downtrend!
The 1-hour trading volume is 1.43 times the 24-hour average; the passive-to-active buy/sell ratio is 1.043. In 15 minutes it rose to 1.622—buy orders are accelerating and consuming orders more quickly, while the open interest jumps to 2.912 million. Funding rate +0.005%: longs pay a small fee, not crowded. With increased volume, rising open interest, and buy pressure dominant, it looks more like new longs pushing in than shorts covering.
To keep this going, it must first reclaim above the 24-hour high of 0.01934. If it falls back below 1 hour ago’s level of 0.01664, then this “catching longs” read no longer holds.
#AZTEC
The 1-hour trading volume is 1.43 times the 24-hour average; the passive-to-active buy/sell ratio is 1.043. In 15 minutes it rose to 1.622—buy orders are accelerating and consuming orders more quickly, while the open interest jumps to 2.912 million. Funding rate +0.005%: longs pay a small fee, not crowded. With increased volume, rising open interest, and buy pressure dominant, it looks more like new longs pushing in than shorts covering.
To keep this going, it must first reclaim above the 24-hour high of 0.01934. If it falls back below 1 hour ago’s level of 0.01664, then this “catching longs” read no longer holds.
#AZTEC
