$PONS This 15m looks a bit interesting. It dropped 1.19%—not that much—but the volume directly surged to 2.02x. The Z value is 2.79, clearly indicating that capital is moving.
OI on 15m is -0.38%, and on 1h it's -0.58%. Nominally, about 850k U was shed. The price fell while OI declined as well—this is a typical deleveraging flow, not new shorts coming in to dump. It’s more like longs couldn’t hold on and were reducing positions themselves.
By the close, it also broke below the lower band of the past ~20 5m candles. The buy/sell ratio is 0.83, and the difference in aggressive trading is -9%. Sell pressure is absolutely real.
The anomaly percentile is 84.9%. It ranks 17 in the whole pool, 12 in nominal change, and the depth also confirms it. In the last 24h there’s still about 100m in transaction value, so liquidity isn’t bad. But under this kind of structure, don’t rush to bottom-fish—wait until the OI stabilizes first.
OI on 15m is -0.38%, and on 1h it's -0.58%. Nominally, about 850k U was shed. The price fell while OI declined as well—this is a typical deleveraging flow, not new shorts coming in to dump. It’s more like longs couldn’t hold on and were reducing positions themselves.
By the close, it also broke below the lower band of the past ~20 5m candles. The buy/sell ratio is 0.83, and the difference in aggressive trading is -9%. Sell pressure is absolutely real.
The anomaly percentile is 84.9%. It ranks 17 in the whole pool, 12 in nominal change, and the depth also confirms it. In the last 24h there’s still about 100m in transaction value, so liquidity isn’t bad. But under this kind of structure, don’t rush to bottom-fish—wait until the OI stabilizes first.
