$EDU This move is getting interesting.
Up 2.64% over 15 minutes, with volume surging to 3.21x. The closing price broke above the high of the last 20 five-minute candles. The net taker volume was 20.9%, and the buy/sell ratio was 1.53—clearly tilted to the upside.
The key is OI: +1.88% over 15 minutes and +2.35% over 1 hour, with an abnormality percentile of 98.8—ranking second across the entire pool. Price is rising alongside OI, so this doesn’t look like a short-covering bounce; it looks more like new leveraged longs entering the market. The funding rate is also at a recent high percentile.
The move has continued across multiple timeframes, and order book depth confirms it too. This kind of setup could be a precursor to a breakout—or the final push in an extreme range. It’s near historical extremes, so decide for yourself whether to chase it.
Either way, I’m keeping an eye on it to see whether this move is real or not.
Up 2.64% over 15 minutes, with volume surging to 3.21x. The closing price broke above the high of the last 20 five-minute candles. The net taker volume was 20.9%, and the buy/sell ratio was 1.53—clearly tilted to the upside.
The key is OI: +1.88% over 15 minutes and +2.35% over 1 hour, with an abnormality percentile of 98.8—ranking second across the entire pool. Price is rising alongside OI, so this doesn’t look like a short-covering bounce; it looks more like new leveraged longs entering the market. The funding rate is also at a recent high percentile.
The move has continued across multiple timeframes, and order book depth confirms it too. This kind of setup could be a precursor to a breakout—or the final push in an extreme range. It’s near historical extremes, so decide for yourself whether to chase it.
Either way, I’m keeping an eye on it to see whether this move is real or not.