$AVAX — this level is getting interesting.
On the 15m chart, price rose 1.17%, volume reached 1.38x, and the Z-score hit 3.03. It closed decisively above the highs of the previous 20 5m candles. Aggressive trade flow was 22.5%, with a buy/sell ratio of 1.58—clearly, someone was actively sweeping offers.
More importantly, OI rose 0.10% over 15m and 0.36% over 1h, with notional changes of around 1.5 million U in both cases. Price is rising as OI climbs, suggesting this isn’t a short-covering bounce but more likely new leveraged longs entering the market. The anomaly percentile is 96.4%, ranking #9 across the entire pool; notional change also ranks #9. It’s unusual to see both metrics rank so highly at the same time.
AVAX’s 24h trading volume of 274M isn’t outrageous, but it’s close to the extreme end of its historical range. A breakout is a breakout, but don’t FOMO—wait to see whether the retest holds above this level.
On the 15m chart, price rose 1.17%, volume reached 1.38x, and the Z-score hit 3.03. It closed decisively above the highs of the previous 20 5m candles. Aggressive trade flow was 22.5%, with a buy/sell ratio of 1.58—clearly, someone was actively sweeping offers.
More importantly, OI rose 0.10% over 15m and 0.36% over 1h, with notional changes of around 1.5 million U in both cases. Price is rising as OI climbs, suggesting this isn’t a short-covering bounce but more likely new leveraged longs entering the market. The anomaly percentile is 96.4%, ranking #9 across the entire pool; notional change also ranks #9. It’s unusual to see both metrics rank so highly at the same time.
AVAX’s 24h trading volume of 274M isn’t outrageous, but it’s close to the extreme end of its historical range. A breakout is a breakout, but don’t FOMO—wait to see whether the retest holds above this level.
