$PARTI These 15 minutes were something else.
Volume surged to 7.9x, price rose 3.57%, and the key thing is that OI rose in sync—+2.04% over 15m and +2.55% over 1h. This isn't short covering; someone is putting real money into opening new long positions.
The taker volume imbalance was 13.7%, the buy/sell ratio was 1.32, and the close broke above the top of the recent 20-bar 5m range. OI is at the 96.4th percentile for abnormality, ranking 3rd across the entire pool. Signals this strong are rare.
24h trading volume is only 21.7M, so liquidity isn't deep. It can shoot up fast, but it can dump just as quickly. It's already near historical extremes, so before chasing, think carefully about whose bags you're buying.
Volume surged to 7.9x, price rose 3.57%, and the key thing is that OI rose in sync—+2.04% over 15m and +2.55% over 1h. This isn't short covering; someone is putting real money into opening new long positions.
The taker volume imbalance was 13.7%, the buy/sell ratio was 1.32, and the close broke above the top of the recent 20-bar 5m range. OI is at the 96.4th percentile for abnormality, ranking 3rd across the entire pool. Signals this strong are rare.
24h trading volume is only 21.7M, so liquidity isn't deep. It can shoot up fast, but it can dump just as quickly. It's already near historical extremes, so before chasing, think carefully about whose bags you're buying.
