$LSK This move has some real substance.
15m: volume surged 2.53x and it directly broke through the upper edge of the previous ~20 5m bars. Active buy orders shifted up by 6%. OI increased by 4.77% within an hour—this doesn’t look like the kind of short covering “fluff”; it’s new long positions entering.
What stands out most is that the OI abnormal percentile is 98.6%, the #1 in the entire pool. At this kind of level, it’s either the starting point of a breakout or a setup for a wick/poke. In the past 24h, the traded value is only 28M, and the pool isn’t deep—don’t chase with heavy size.
Keep an eye on volume/strength; we’ll talk if it can sustain.
15m: volume surged 2.53x and it directly broke through the upper edge of the previous ~20 5m bars. Active buy orders shifted up by 6%. OI increased by 4.77% within an hour—this doesn’t look like the kind of short covering “fluff”; it’s new long positions entering.
What stands out most is that the OI abnormal percentile is 98.6%, the #1 in the entire pool. At this kind of level, it’s either the starting point of a breakout or a setup for a wick/poke. In the past 24h, the traded value is only 28M, and the pool isn’t deep—don’t chase with heavy size.
Keep an eye on volume/strength; we’ll talk if it can sustain.
