GRASS This move has a bit of something.
On the 15m timeframe, it’s up 1.79%—volume reached 1.79x, the Z-value is 3.83, and it directly broke through the upper edge of nearly 20 consecutive 5m candles. The key is the active trade imbalance +15.8% and the buy/sell ratio of 1.38—not propping it up with resting orders; there really are people eating upward.
OI is also following through continuously: 15m +0.18%, 1h +0.31%. The cumulative notional change adds up to nearly 900k U. Price is rising while OI is rising—this is the classic new-leverage long entry structure, not some “short covering” fluff.
The abnormal percentile is 84.7%, the whole pool is #17, and the notional change rank is #26, with multiple consecutive cycles showing continuation. In the last 24h, turnover is 76M; the pool isn’t that deep, so volume like this can push it and make it easier to sustain.
First, let’s see whether it can hold above and stand firmly at the top of this range. If it holds, there won’t be much trapped supply above.
On the 15m timeframe, it’s up 1.79%—volume reached 1.79x, the Z-value is 3.83, and it directly broke through the upper edge of nearly 20 consecutive 5m candles. The key is the active trade imbalance +15.8% and the buy/sell ratio of 1.38—not propping it up with resting orders; there really are people eating upward.
OI is also following through continuously: 15m +0.18%, 1h +0.31%. The cumulative notional change adds up to nearly 900k U. Price is rising while OI is rising—this is the classic new-leverage long entry structure, not some “short covering” fluff.
The abnormal percentile is 84.7%, the whole pool is #17, and the notional change rank is #26, with multiple consecutive cycles showing continuation. In the last 24h, turnover is 76M; the pool isn’t that deep, so volume like this can push it and make it easier to sustain.
First, let’s see whether it can hold above and stand firmly at the top of this range. If it holds, there won’t be much trapped supply above.
