$NOM This move is a bit interesting. In the 15m timeframe it climbed 3.86%, volume is 1.55x, and the closing price directly broke through the upper boundary of the last ~20 consecutive 5m ranges.
But the OI didn’t follow. 15m -0.03%, 1h -0.11%—on price and positioning, it’s retreating. That’s a classic short-covering type of tape, not a coordinated collective push by new longs. The active buy/sell ratio is 1.27, about 12% lower—there’s a tilt, but not a frenzy.
Abnormal percentile is 89.3%, ranking #17 in the whole pool, nominal change #44, and 24h trading value is 34.8M. Structurally, it looks more like a squeeze attempt in a thinner pool—whether it can continue depends on whether there’s someone to catch the bid on the pullback to the breakout level.
But the OI didn’t follow. 15m -0.03%, 1h -0.11%—on price and positioning, it’s retreating. That’s a classic short-covering type of tape, not a coordinated collective push by new longs. The active buy/sell ratio is 1.27, about 12% lower—there’s a tilt, but not a frenzy.
Abnormal percentile is 89.3%, ranking #17 in the whole pool, nominal change #44, and 24h trading value is 34.8M. Structurally, it looks more like a squeeze attempt in a thinner pool—whether it can continue depends on whether there’s someone to catch the bid on the pullback to the breakout level.