$NOM This move has something to it.
In 15m, the price surged 3%—volume directly reached 2.07x, the Z value is 2.11, and the closing price has reclaimed above the upper band of nearly 20 of the 5m candles. The key is not just the single bullish candle itself; it’s the OI rising in sync—15m +3.51%, 1h +3.54%, and the notional change is around 400k USD. The abnormal percentile hit 95.2%, ranking #4 in the entire pool.
This structure is the classic case of new leveraged longs entering, not shorts getting forced to cover. Active traded volume is 13.5% lower than expected; the buy/sell ratio is 1.31, and the direction is also biased bullish.
Over the past 24h, the turnover is 94M. The pool’s abnormality is among the higher ranks, and multiple consecutive cycles are continuing—this isn’t the kind of spike that just gets “pinned” and then disappears. We’re approaching its own historical extreme zone. In this spot, it either accelerates or is a bull trap—so keep an eye on whether OI starts to drop.
Don’t get carried away, but this is a signal worth putting on the watchlist.
In 15m, the price surged 3%—volume directly reached 2.07x, the Z value is 2.11, and the closing price has reclaimed above the upper band of nearly 20 of the 5m candles. The key is not just the single bullish candle itself; it’s the OI rising in sync—15m +3.51%, 1h +3.54%, and the notional change is around 400k USD. The abnormal percentile hit 95.2%, ranking #4 in the entire pool.
This structure is the classic case of new leveraged longs entering, not shorts getting forced to cover. Active traded volume is 13.5% lower than expected; the buy/sell ratio is 1.31, and the direction is also biased bullish.
Over the past 24h, the turnover is 94M. The pool’s abnormality is among the higher ranks, and multiple consecutive cycles are continuing—this isn’t the kind of spike that just gets “pinned” and then disappears. We’re approaching its own historical extreme zone. In this spot, it either accelerates or is a bull trap—so keep an eye on whether OI starts to drop.
Don’t get carried away, but this is a signal worth putting on the watchlist.
