PONS has something here.
In 15m, it directly climbed 2.96%. Volume reached 3.11x, with a Z value of 4.50. This isn’t the slow, steady “bulldozing” kind of uptrend—it’s a move with emotion.
The key is OI: in 15m it’s +0.98%, and in 1h +0.89%. The nominal change is also around 1.8 million U. The entire pool’s OI is at the 97.8th percentile—ranked #1. This isn’t short-covering; it’s newly added leveraged long positions rushing in.
The closing price broke above the upper edge of nearly 20 consecutive 5m K candles. The aggressive trade gap is +5.5%, and the buy/sell ratio is 1.12. The bulls hold the initiative.
In 24h, turnover is 102M. The float isn’t small, and the depth can withstand pressure.
With this kind of structure, I generally wouldn’t chase immediately, because a 97.8th percentile anomaly means it’s already crowded in the short term. But I also won’t short—volume/price/OI are all aligned in the same direction, and going hard against it is likely to get slapped.
I’ll set an observation order. If it retests but doesn’t break the upper edge, then I’ll consider it; if it breaks, I’ll accept it.
In 15m, it directly climbed 2.96%. Volume reached 3.11x, with a Z value of 4.50. This isn’t the slow, steady “bulldozing” kind of uptrend—it’s a move with emotion.
The key is OI: in 15m it’s +0.98%, and in 1h +0.89%. The nominal change is also around 1.8 million U. The entire pool’s OI is at the 97.8th percentile—ranked #1. This isn’t short-covering; it’s newly added leveraged long positions rushing in.
The closing price broke above the upper edge of nearly 20 consecutive 5m K candles. The aggressive trade gap is +5.5%, and the buy/sell ratio is 1.12. The bulls hold the initiative.
In 24h, turnover is 102M. The float isn’t small, and the depth can withstand pressure.
With this kind of structure, I generally wouldn’t chase immediately, because a 97.8th percentile anomaly means it’s already crowded in the short term. But I also won’t short—volume/price/OI are all aligned in the same direction, and going hard against it is likely to get slapped.
I’ll set an observation order. If it retests but doesn’t break the upper edge, then I’ll consider it; if it breaks, I’ll accept it.